Bank of Israel

Israel against the current

While the world talks about interest rate hikes, Israel returns to rate cuts

Matan Shitrit, Chief Economist at Phoenix Financial
A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking

Shekel gains sharply despite interest rate cut

 BANK OF Israel headquarters in Jerusalem: Israel’s favorable environment for economic development has been accompanied by an impressive improvement in the country’s credit rating, say the writers.

Bank of Israel cuts interest rates, inflation stable despite Iran war

Israeli shekel

Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines


Majority of complaints about Israeli public service justified – comptroller

The report examined some of the nearly 35,000 complaints made to the office between January 2019 and March 2024 – around 30% of which were about service to the public.

 STATE COMPTROLLER Matanyahu Englman condemned the assignment of female cadets in the IDF officers’ course to guard terrorists who committed violent acts of sexual assault and murder on October 7, the writer notes.

Bank of Israel holds rates as war fuels inflation but weighs on growth

The central bank noted that the inflation rate looks to rise in the coming months before easing again in the next year.

 BANK OF Israel headquarters in Jerusalem: Israel’s favorable environment for economic development has been accompanied by an impressive improvement in the country’s credit rating, say the writers.

Bank of Israel enforces sanctions and public shaming to improve compliance - opinion

Regulatory shaming by the Bank of Israel is a step in the right direction. We can only hope it will lead to real improvement in the conduct of the banks.

 BANK OF Israel Governor Amir Yaron speaks at a news conference in Jerusalem last month. The regulatory shaming announced by the central bank this week is a step in the right direction, the writer maintains.

Economic Crisis? The mortgage market in September – activity over the past two years

Bank of Israel data shows mortgages totaling NIS 8.53 billion were taken in September, the second-highest in two years, with a noted drop in contractor loan volumes compared to previous months.


GDP growth at 0.3%, consumer confidence down from last year - CBS

The economy was supported by gains in consumer and state spending and in investment in fixed assets, while exports fell.

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

Bank of Israel holds interest rate at 4.5%, lowers GDP growth prediction

Among considerations discussed when determining the interest rate was that inflation in Israel has been on an upward trend, in contrast to global trends, he said.

 Israel flag with stock market finance, economy trend graph digital technology.

Bank of Israel to hold rates even as inflation rises: Reuters poll

"A prolonged war on multiple fronts could weaken economic activity further and heat inflation, raising the risk of stagflation," Barclays economist said.

The Bank of Israel building is seen in Jerusalem June 16, 2020.

No. 26: Amir Yaron: Fighting to stabilize Israel's economy

Amir Yaron, the governor of the Bank of Israel, has worked to stabilize the shekel in the face of the multifront war and international boycotts.

 Amir Yaron.

Israel's central bank extends war economic aid package

Residents of the South up to 7 km. are eligible for extended benefits, as opposed to residents up to 30 km. from the border as previously.

 Israel flag with stock market finance, economy trend graph digital technology.

Nagel committee rewrites national security doctrine, Hezbollah sends rocket barrage

Many observers have raised questions about how the Nagel committee will be able to reach the optimal conclusions regarding Israel’s future defense posture without a review of the October 7 failures.

(From left)  JACOB NAGEL, then national security adviser, with Prime Minister Benjamin Netanyahu and Foreign Affairs and Defense Committee head Avi Dichter at a 2017 meeting in the Knesset. (