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 (3)

How this entity was disambiguated

Statements (43)

Predicate Object
instanceOf monetary policy committee ⓘ
policy-making body ⓘ
alsoKnownAs Monetary Committee of the Bank of Israel ⓘ
linked to: Monetary Committee
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 State of Israel ⓘ
linked to: Israel
languageOfWork Hebrew ⓘ
legalBasis Bank of Israel Law, 5770-2010 ⓘ
locatedIn Bank of Israel headquarters, Jerusalem ⓘ
linked to: Bank of Israel
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 (7)

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 of the Bank of Israel ⓘ
linked to: Monetary Committee
Research Department of the Bank of Israel → advises → Monetary Committee of the Bank of Israel ⓘ
subject linked to: Research Department
linked to: Monetary Committee
Bank of Israel Law, 2010 → establishes → Monetary Committee of the Bank of Israel ⓘ
linked to: Monetary Committee
Supervisory Council → relatedTo → Monetary Committee of the Bank of Israel ⓘ
linked to: Monetary Committee
Governor of the Bank of Israel → memberOf → Monetary Committee of the Bank of Israel ⓘ
linked to: Monetary Committee
Monetary Department (Bank of Israel) → advises → Monetary Committee (Bank of Israel) ⓘ
subject linked to: Monetary Department
linked to: Monetary Committee