Monetary Committee

E193473

The Monetary Committee is the policy-making body responsible for setting and overseeing Israel’s monetary policy within the framework of the Bank of Israel.

All labels observed (2)

How this entity was disambiguated

Statements (43)

Predicate Object
instanceOf monetary policy committee
policy-making body
alsoKnownAs Monetary Committee
surface form: Monetary Committee of the Bank of Israel
appliesToJurisdiction Israeli economy
chairperson Governor of the Bank of Israel
country Israel
decisionMakingProcess collective decision-making by committee vote
field central banking
monetary policy
formedAs successor to the Governor’s sole decision-making authority on monetary policy
hasMember Deputy Governor of the Bank of Israel
Governor of the Bank of Israel
additional internal member of the Monetary Committee
another external member of the Monetary Committee
external member of the Monetary Committee
headquartersLocation Jerusalem
jurisdiction Israel
surface form: State of Israel
languageOfWork Hebrew
legalBasis Bank of Israel Law, 2010
surface form: Bank of Israel Law, 5770-2010
locatedIn Bank of Israel
surface form: Bank of Israel headquarters, Jerusalem
meets according to a pre-announced schedule
objective price stability in Israel
supporting employment and growth subject to price stability
supporting financial stability
oversees implementation of monetary policy by the Bank of Israel
parentOrganization Bank of Israel
partOf Bank of Israel
publishes interest rate decisions
monetary policy statements
reportsTo Knesset (through the Governor of the Bank of Israel)
public in Israel
responsibleFor implementing monetary policy decisions
maintaining price stability in Israel
setting the Bank of Israel interest rate
supporting financial stability in Israel
supporting the government’s economic policy (subject to price stability)
role overseeing Israel’s monetary policy
setting Israel’s monetary policy
sector public sector
usesInstrument foreign exchange market operations
macroprudential tools (in coordination with other authorities)
open market operations
policy interest rate

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Bank of Israel governingBody Monetary Committee
Monetary Committee alsoKnownAs Monetary Committee
this entity surface form: Monetary Committee of the Bank of Israel
Research Department advises Monetary Committee
subject surface form: Research Department of the Bank of Israel
this entity surface form: Monetary Committee of the Bank of Israel
Bank of Israel Law, 2010 establishes Monetary Committee
this entity surface form: Monetary Committee of the Bank of Israel
Supervisory Council relatedTo Monetary Committee
this entity surface form: Monetary Committee of the Bank of Israel