Interest rate

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.

|ByYEHUDA SHARONI
Benjamin Netanyahu and Prof. Amir Yaron.
Bank of Israel.

Bank of Israel holds interest rates steady a week before election

The annual inflation rate edged up to 1.6% in September - well within the bank's 1% to 3% target range - from 1.5% in August.

|BySTEVEN SCHEER/ REUTERS
The best crypto savings rate means little if the terms don't fit your needs.

How to compare crypto savings products without relying on headline rates

A quoted annual rate is only one part of a savings decision. Access, counterparty exposure, plan terms and jurisdiction often matter more than the number in the largest type.

|ByIN COOPERATION WITH COINHOLD
Bank of Israel Governor Amir Yaron.

Bank executives to represent Israel at IMF conference in Bangkok

At the IMF event in Bangkok, top officials will emphasize economy strength despite the war | Burning questions on the agenda: Oil prices and global interest rates.

|ByYEHUDA SHARONI

Bank of Israel keeps interest rate steady at 4.75% amidst inflation concerns

There’s still no telling when the interest rate will decline, experts note.

SEPTEMBER 4, 2023ByZACHY HENNESSEY
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.

Despite economic turmoil, Israel's interests set to remain at 4.75%

Recent signs of decreased inflation indicate an unchanged interest rate, as consumers begin saving and global pressures subside.

SEPTEMBER 3, 2023ByZACHY HENNESSEY
New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.