Bank of Israel governor
The Governor warns: 'Unrestrained defense budget will lead to an increase in deficit and inflation'
The interest rate remains unchanged; Prof. Yaron: No pressure was exerted; business sector criticizes the decision of the Governor, who does not rule out potential tax hikes for the upcoming budget.
Third consecutive cut: Bank of Israel lowers interest rates to 3.25%, following economic review
Interest rate drama: The news for mortgage takers – and Smotrich's unusual attack on the governor
Stanley Fischer, former Bank of Israel governor, passes away at 81
Bank of Israel head must accept interest rate increase of only 0.5% per year
The governor must act as someone who looks ahead and believes in his own predictions: inflation will head towards a level of 2.5%-3.5% for the rest of 2022 and the beginning of 2023.
Bank of Israel raises interest rate by 0.75% to 2%
The last time the Bank of Israel moved by three-quarters of a point was a rate reduction in early 2009.
Mortgage market mayhem: Public owes banks NIS 505 billion
High-interest rates haven’t cooled the market. In June, the public received mortgage loans amounting to NIS 11.9 billion, an increase of 2.5% over June 2021.
Israel's central bank asks public for opinions on inflation target
The Bank of Israel's first task is to maintain price stability in the Israeli economy, using the interest rate tool among other things.
Ex-Bank of Israel chief: Gov’t needs to provide safety net for unemployed
“The Finance Ministry needs to operate a safety net for employees and self-employed who will reach unemployment,” Karnit Flug said in an interview.
BoI keeps interest rate unchanged, sees 5.5% growth in 2022
The Bank of Israel predicts inflation of 1.6% in 2022 and 2% in 2023, in the middle of the 1%-3% annual target range.
The banker guiding Israel's economy through the coronavirus pandemic
Bank of Israel Governor Amir Yaron was just 14 months on the job when the corona pandemic began. He looks back at the management of the crisis, and projects optimism about Israel’s economy.
Bank of Israel holds rates, sees economic risks from Delta variant
“There are still challenges to economic activity in view of the increased health risks in Israel and abroad,” the central bank said.
New NIS 5 coin design thanks healthcare workers on COVID frontlines
The Bank of Israel intends to issue several millions of special edition coins to be distributed to the public through banks and the Israel Postal Company.
Government approves new Bank of Israel deputy governor
The position of deputy governor was left vacant for almost an entire year, since Dr. Nadine Baudot-Trajtenberg concluded a five-year term on February 28, 2019.
