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Story summary
- The Bank of Israel kept its benchmark interest rate at 3.25% on Wednesday.
- The pause precedes a national election scheduled for next week.
- September inflation rose to 1.6%, remaining within the 1-3% target range.
- Policymakers noted Q3 activity slowed after a 15.4% annualized Q2 expansion.
- Researchers project GDP growth of 5.6% in 2026 and 7.5% in 2027, driven by overseas production.