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Further substantial easing in the West Bank, the report says, will come through direct negotiations.
Ultimately, the minutes said, "most members judged that a substantial easing in the stance of monetary policy was warranted".
Since inflation has spent 68% of the last decade above the 2% target, substantial easing would cast doubt on the strength of the MPC's commitment to its target.
But army radio reported yesterday that the foreign minister, Silvan Shalom, agreed that there needs to be a substantial easing of restrictions on the Palestinian population.
In exchange for the freeze, Iran was offered relief from some economic sanctions, with the promise of a more substantial easing in the future.
Israel is reluctant to lift the eight-year blockade of Gaza, the principal demand of Hamas, as it believes any substantial easing of restrictions could strengthen the Islamist organisation both politically and militarily.
Similar(45)
Substantial quantitative easing around the world has left the world awash with cash that is looking for a home.
The U.S. does, however, have substantial resources for easing the toll somewhat, Freeman notes.
It will mean substantial "quantitative easing"—creating money to buy assets.
This morning it confirmed radical changes to its approach, including the adoption of a substantial quantitative easing programme.
I linked to my old demonstration that the 1921 economy was nowhere near the liquidity trap, and that there was substantial monetary easing, making comparisons to the current situation nonsense.
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