Interest rate

Third consecutive cut: Bank of Israel lowers interest rates to 3.25%, following economic review

The Bank of Israel's Monetary Committee lowered the interest rate on Tuesday. The rate was previously lowered in July, when the BoI decided to cut the rate from 3.75% to 3.5%.

Bank of Israel Governor Professor Amir Yaron speaks at the Knesset; illustrative.
Mekorot – International Water Powerhouse.

Mekorot reports higher 2nd quarter profit, but regulatory changes weigh on 2026 results

Matan Shitrit, Chief Economist at Phoenix Financial

Israel in the eye of the storm — But the economy tells a different story

Governor of the Bank of Israel Amir Yaron speaks during a press conference at the Bank of Israel offices in Jerusalem, on January 2, 2022.

Next Israel government must halt rise in debt burden, central bank chief says


Bank of Israel lowers interest rate to 3.5% in response to strong shekel, halt in war with Iran

The Bank of Israel Monetary Committee, headed by Amir Yaron, announced that the national interest rate will be lowered once again to 3.5% as inflation declines and the shekel remains strong.

  New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.

Inflation and housing prices show continued declines in Israel

Housing prices declined 1.3% over the past year, oil prices fell following the Iran agreement, and the dollar recovered after an early drop.

Israeli real estate – construction site.

Israel against the current

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

Matan Shitrit, Chief Economist at Phoenix Financial

Shekel gains sharply despite interest rate cut

The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking

Navigating global interest rates: Why comparing loans is a smart financial move

"Comparing global loans helps borrowers make smarter, informed financial decisions confidently."

Bank of Israel unexpectedly cuts interest rate

According to the Research Division's estimate, GDP grew by 2.8% in 2025

Israeli shekel

US dollar slides after Fed cuts rates, as expected

The US dollar fell against other major currencies after the Federal Reserve lowered interest rates. The Fed will likely pause its easing cycle in January.

 US and Israeli currency (1 dollar bills and 1 shekel coins respectively) are seen in this illustrative photo of money.

Bank of Israel quashes rate cut rumors

The interest rate has been 4.5% since it was cut from 4.75% in January 2024.

 A person holds Israeli shekel coins in their hand in Jerusalem on December 18, 2024.

Bank of Israel keeps interest rates steady after Gaza conflict resumes

The central bank left its benchmark rate ILINR=ECI at 4.50%.

 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.

Israel sees the shekel decline, anticipates 4% interest rate

Israel’s economic landscape will be shaped by interest rate policy, inflation, and geopolitical stability in the coming months.

New Israeli Shekel bills are seen in front of a downwards-trending graph (illustration)