Bank of Israel

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

The State of Israel sits at the center of the geopolitical turbulence, yet precisely at this juncture many of its macro indicators look better than those of quite a few countries far removed from it.

Matan Shitrit, Chief Economist at Phoenix Financial
  New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.

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

“Israel’s housing market is slowing, yet mortgage volumes are rising due to delayed payments and higher financing needs.”

Bank of Israel reveals new data on Israel’s mortgage market

Israeli real estate – construction site.

Inflation and housing prices show continued declines in Israel


Israel's Consumer Price Index up 0.5% in October, while home prices fall again

Annual inflation in Israel remains unchanged at 2.5%, keeping inflation well below the upper limit of the Bank of Israel's annual target range of 3%.

Israelis shop for groceries and dairy products at their local supermarket in Katsrin, Golan Heights, May 2, 2024

Your Taxes: Why you should use publicly-available company printouts in business deals - opinion

The Israeli business sector will gain more transparency with increased Israel Companies Registry information becoming publicly available.

 View of the Tax Authorities offices in Rehovot on September 15, 2024.

Israel entered war without economic emergency preparedness, Comptroller report finds

A new report warns that a lack of fiscal preparedness exposed deep weaknesses in Israel's wartime economy, leading to budget breaches and future borrowing risks.

An illustrative image of bitcoin in front of an Israeli flag.

Economists split on Israel’s 2026 growth outlook amid postwar recovery

The IMF projects a modest 3.9% growth for Israel in 2026, while local forecasters expect a faster recovery as the economy rebounds from war.

A drone picture of family and supporters gathering as former Israeli hostage Elkana Bohbot returns home after leaving the hospital, following his release from captivity in Gaza, in Mevaseret Zion, Israel, October 19, 2025

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 chief warns of deep war impact even as economy shows resilience

The governor of the Bank of Israel talks about how even the optimistic scenario of the end of the war does not guarantee a soft landing.

 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.

Former Supreme Court pres. Hayut joins Rhodes Scholarship committee in Israel

Rhodes is the oldest scholarship program in the world. Established at Oxford University in 1903, next year’s edition will mark a decade since the program arrived in Israel.

 ESTHER HAYUT

Bank Hapoalim to gift shares to over 1 million customers in first-of-its-kind initiative

Eligible customers will be able to choose either two shares in the bank, valued at 124 shekels as of August 21, or a monetary grant of 100 shekels

Bank Hapoalim

Comparing the Israeli Market to the Global Economy

According to the Bank of Israel, the Israeli economy is expected to grow at twice the rate of other developed economies.

 Israel market comparison

The gatekeeping custodian: Why Stanley Fischer was Netanyahu's best-ever appointment - opinion

MIDDLE ISRAEL: Stanley Fischer became the gatekeeping custodian of governance that Netanyahu’s current government dreads.

 THEN-BANK of Israel Governor Stanley Fischer appears at a press conference in Jerusalem in 2013.