In my remarks, I would like to look back on the Monetary Committee meeting that took place a week ago, in which we decided to leave the interest rate at its current level, and I would like to speak about what we saw, and what we did not see, in the market’s developments.
I would like to re-state that the Bank of Israel has three objectives that inform our policy decisions. The first, and classic, objective, which is so relevant to the State of Israel from an historical standpoint, is obviously price stability.