The Times of Israel

Bank of Israel cuts borrowing costs, while flagging geopolitical risks

Mon, 25 May 2026 18:57:31 +0000

Local manufacturers attack Governor Yaron for doing too little, too late, as the mighty shekel hurts competitiveness and profitability of exporters

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Bank of Israel holds interest rates amid concerns over Iran escalation

Mon, 23 Feb 2026 18:23:11 +0000

Finance minister, manufacturers slam central bank for hesitating to lower borrowing costs for households and businesses with inflation slowing and the shekel strong

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Mighty shekel could boost shoppers and travelers, but many will miss out on bonanza

Fri, 23 Jan 2026 03:59:42 +0000

Though the shekel is trading at its highest level in years, retailers might not pass the gains to consumers, and manufacturers and others working in dollars are likely to feel the pain

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In bold move, central bank cuts interest rates for 2nd straight time after ceasefire

Mon, 05 Jan 2026 17:49:12 +0000

Bank of Israel lowers rates to 4%, citing a moderation in inflation, a strong shekel, and growing labor market participation following the ceasefire agreement with Hamas

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Central bank lowers rates for 1st time in nearly 2 years, cautions about pace of cuts

Mon, 24 Nov 2025 19:02:56 +0000

Bank of Israel says further interest rate cuts will depend on stability of geopolitical situation and government spending in upcoming 2026 budget; expects to cut rate 0.5% by next September

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Central bank again holds rates as governor warns prolonged Gaza war weighs on growth

Mon, 29 Sep 2025 17:02:11 +0000

Amir Yaron says high geopolitical and economic uncertainty, alongside volatile inflation trends, do not justify cutting interest rate; central bank reduces 2025 growth forecast

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Israeli housing prices soar while pace of inflation slows, February data shows

Sun, 16 Mar 2025 12:51:07 +0000

Consumer Price Index remains unchanged but consumers feel the pinch as price of fresh fruit up by 10.5%, rent by 0.3%; however costs of vegetables dip by 7.1% and clothes by 3%

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Iranian finance minister fired amid spiraling economic crisis

Sun, 02 Mar 2025 15:26:40 +0000

Dismissal comes as rial nears historic lows, inflation soars, and US sanctions tighten; president defends minister Hemmati, says problems cannot be blamed 'all on one person'

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Central bank holds borrowing costs steady, despite subdued growth, jumping inflation

Mon, 24 Feb 2025 21:24:17 +0000

Bank of Israel keeps interest rates steady at 4.5% citing geopolitical uncertainty, shekel volatility, and fiscal changes

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Israeli inflation jumps to 3.8% in January as VAT and utility costs rise

Fri, 14 Feb 2025 14:57:46 +0000

Consumer prices also increased last month as government tax hikes came into effect, upping the costs of food and other goods

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Central bank sees economy improving but warns of continued geopolitical uncertainty

Mon, 06 Jan 2025 18:19:15 +0000

Bank of Israel holds interest rates at 4.5%, citing rising inflation following January tax hikes, including VAT; governor warns lawmakers against making changes to the 2025 budget

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Israeli inflation picks up more than forecast as travel costs and home prices soar

Sun, 15 Sep 2024 18:49:18 +0000

Consumer prices accelerated to 3.6% in August, the highest level since October, reducing the odds that the central bank will cut high borrowing costs in the coming months

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Inflation edges higher, bolstered by uptick in housing prices

Mon, 15 Jul 2024 18:57:50 +0000

In June, annual inflation rose to 2.9%, reaching the upper range of the government's target, reducing the odds that high borrowing costs will be lowered in coming months

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Bank of Israel leaves lending rate at 4.5%, as inflation and war uncertainty ramp up

Mon, 27 May 2024 16:06:17 +0000

Central bank has kept rate steady since cutting it in January; says it expects the deficit to rise due to war costs, pushing the state to make budgetary cuts and raise taxes

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Inflation edges higher as housing costs and travel prices rise

Mon, 15 Apr 2024 19:06:10 +0000

Consumer prices rose by an annual 2.7% in March, from 2.5% in February, reducing the odds that the central bank will lower already high borrowing costs for consumers in May

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