The Times of Israel is liveblogging Wednesday’s events as they unfold.
Channel 12 reports that Aryeh Deri is now considering appointing Health Ministry Director-General Moshe Bar Siman-Tov as health minister in his stead.
Bar Siman-Tov became well known in Israel for leading the ministry as director-general during the first months of the coronavirus crisis. He stepped down in June 2020 and was recently reappointed to the role by Deri.
Prime Minister Netanyahu has arrived at Aryeh Deri’s home in Jerusalem following the High Court’s ruling to disqualify the latter as minister.
The two will no doubt discuss their next steps, possibly including legislation to annul the court’s authority to rule on the matter.
ראש הממשלה נתניהו הגיע כעת לביתו של השר דרעי pic.twitter.com/pBBdBKnxh3
Growing evidence that high inflation is finally easing shows that the Federal Reserve’s sharp interest rate hikes are working as intended, says Loretta Mester, a key Fed policymaker. But further rate hikes are still needed, she says, to decisively crush the worst inflation bout in four decades.
“We’re beginning to see the kind of actions that we need to see,” Mester, president of the Federal Reserve Bank of Cleveland, says in an interview with The Associated Press. “Good signs that things are moving in the right direction… That’s important input into how we’re thinking about where policy needs to go.”
Other Fed officials, too, have said recently that they were encouraged by...
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