Bank Of Israel

Israeli high-tech records another exit and a successful startup is sold for a billion dollars, Tim Cook leaves a different Apple to John Ternus, and the Bank of Israel has decided the fate of your mortgages for the near future | News of the week on ice

Following the Bank of Israel's interest rate decision that surprised markets, leading currencies have strengthened against the shekel. The chairman of Puria Finance analyzes the situation and provides a forecast for the medium and long term.

The shekel continues to weaken moderately following the Bank of Israel's interest rate cut. The local currency market is also being influenced by escalation on the Iranian front and global market trends.

Professor Amir Yaron explained the Bank of Israel's decision to lower the interest rate to 3.25%, noting it was made despite expected inflation growth. Regarding real estate, he added: "I would like to see contractors continue to lower prices." He emphasized that political pressure does not affect him: "The walls of the monetary committee room are very thick."

New regulatory initiatives in Israel are making it easier to handle crypto, but there is no automatic approval for transferring profits to a bank account. Transparency and complete documentation remain the key requirements for banks.

Since November 2025, the Bank of Israel has lowered the interest rate five times, resulting in a significant reduction in costs for mortgage borrowers. The new interest rate cut will take effect this coming Thursday.

Ongoing disinflation and the strength of the shekel, despite a sharp rise in fuel prices, have led the Monetary Committee to decide on a further reduction in the base interest rate.

The market assigns a probability of about 50% to an imminent cut, but an in-depth analysis of the global economy reveals why the Bank of Israel may wait and presents a surprising forecast for the dollar exchange rate.

The foreign exchange market shows a mixed trend as investors await the Bank of Israel's interest rate decision. Bank Hapoalim analysts warn that the window of opportunity for a rate cut may soon close.

The moderation of inflation and changes in the local labor market increase the probability of a significant step on Tuesday, while in the US a completely opposite trend is being recorded. Analysts at Leader Capital Markets provide their analysis.

The foreign exchange market is opening the week with a slight rise in the shekel against the dollar ahead of the Bank of Israel's interest rate decision. The dollar is down 0.2%, trading around 2.99 shekels.

The decline in inflation and the strong shekel support a third consecutive reduction the day after tomorrow. On the other hand, the increase in government spending and security uncertainty raise concerns that prices will start rising again, so the Bank of Israel may leave the interest rate unchanged at 3.5%.

Following a rigorous search process, Professor Amir Yaron has appointed Limor Schwartz, an expert with 25 years of experience in data and artificial intelligence, as the new Director of the Information and Statistics Department at the Bank of Israel.

After a sharp jump in fuel prices this month, the cost is expected to drop in September by approximately 25 agorot to 7.84 shekels per liter. The final price will be determined on Sunday morning based on oil prices and the dollar exchange rate.

The Bank of Israel lists four types of payment cards, and the difference between them determines whether you are paying with your own money or borrowing at interest. What each one does, and how much it adds up to in shekels.

The Bank of Israel interest rate stands at 3.5%, deposits and money market funds still provide a decent return, but many mortgages cost 5% or more; on 200,000 shekels, the gap can reach thousands of shekels per year - and there are also considerations of tax, early repayment fees, and liquidity.

Deputy Chairman of the Mortgage Consultants Association, Avi Yusufov, explains what is behind the drop in the number of delinquencies and talks about the wave of refinancing sweeping the market: "More households have consolidated existing loans."

A new macroeconomic review reveals an unusual gap between the current interest rate and the state of the economy, indicating that at least two rate cuts are expected in the coming year, contrary to market estimates.

Following the US plan for the financial isolation of Iran, currency markets show minimal movement. The dollar is trading at 3.00 shekels as investors await the Bank of Israel's interest rate decision.

Bank of Israel data reveals a significant trend: the number of mortgage refinancings has reached a peak not seen since 2023. This largely explains the jump in total mortgage volume. Additionally, there is a positive indicator for the Bank of Israel: the number of those in arrears on mortgage payments is decreasing and is at its lowest level this year.

The Bank of Israel is preparing for a fateful decision in the shadow of surprising data from the labor market and inflation, as senior economists now estimate the real chance of a revolution in the interest rate in the coming days.

The foreign exchange market remains calm ahead of the Bank of Israel's interest rate decision and the Jackson Hole symposium. The dollar is trading above 2.98 shekels, while the euro is slightly below 3.49 shekels.

The two Israeli banks acting as intermediaries for the Palestinian banking system are expected to postpone the cessation of operations by several months, Globes has learned. This comes at the request of the Bank of Israel, with the goal of finding a permanent solution to prevent chaos.

In an interview with Bloomberg, Bank of Israel Governor Amir Yaron tempered expectations for monetary easing on September 1, despite inflation falling to a five-year low. While a strong shekel and low indices support a rate cut, the central bank remains cautious due to various economic and geopolitical risks.

The annual consumer price index has stabilized at 1.5%, and the real estate market is showing consistent weakness with price drops of up to 2%, but the severe shortage of skilled workers continues to be a concern.

The local foreign exchange market remains calm following the shekel's recent retreat. Bank of Israel Governor Amir Yaron stated that an interest rate cut at the September 1 meeting is not guaranteed.

Bank of Israel Governor Professor Amir Yaron told Bloomberg that rising uncertainty makes a September interest rate cut uncertain. While praising strong growth data, the Governor emphasized the need for caution.

Demand for juniors in high-tech has shrunk, many young people remain outside the labor market, and about a quarter of a million workers have simply "disappeared". The average wage in the economy has indeed risen by 7%, but in practice, it is barely felt in the pocket. Why is this happening, and how much has the war affected the data?

Economists at the Psagot investment house warn that the downward trend in inflation has been exhausted and forecast the Bank of Israel's next steps regarding interest rates.

Leader Capital Markets estimates that inflation data and the strengthening of the shekel will allow for a significant policy move soon, despite a sharp drop in new apartment sales and an unusual decline in consumer confidence.

The share of the prime rate track in mortgages has almost doubled within a year, while the public is moving away from CPI-linked tracks. The choice reflects an expectation for continued interest rate cuts in Israel, but the global picture has changed: long-term bond yields are climbing, markets in the USA and Europe are pricing in the possibility of rate hikes, and further cuts by the Bank of...

The Consumer Price Index rose by 0.3% and annual inflation fell to 1.5%, but economists warn of a jump in the coming months that will determine the interest rate decision on September 1. This week: Mizrahi Tefahot concludes the banks' reports, and Azrieli reports. What do you need to know?

In July, the consumer price index rose by 0.3%, bringing annual inflation down to 1.5%—the lowest rate since May 2021. The Israeli economy demonstrates resilience, not generating inflation despite the ongoing war.

The Bank of Israel has launched a financial support program for 4,500 IDF soldiers facing economic hardship. The initiative is backed by a 7.2 million shekel budget.

The S&P 500 set a new record as fears of an interest rate hike faded. Tel Aviv closed in the green led by earnings reports. Today: the Consumer Price Index, which will determine the interest rate direction. And in the background, the storm surrounding Bank Jerusalem. What do you need to know?

After his promises regarding the cost of living were shattered, Benjamin Netanyahu is enslaving the economy for the sake of invented security needs. The banks' reports for the second quarter prove that the system has reached the glass ceiling of profitability. And also: the index to be published today.

The Consumer Price Index for July will be released tomorrow at 14:00. While economists expect a moderate rise, they warn of inflationary pressures in the coming months that could impact the Bank of Israel's interest rate policy.

Bank Jerusalem has denied recent rumors, stating that no evidence of abnormal activity was found. Against this backdrop, we examined whether large-scale embezzlement remains possible today, given the tightened control mechanisms implemented after the 2002 Eti Alon and Trade Bank affair, in which 250 million shekels were stolen.

Bank Leumi has canceled an option allocation plan for CEO Hanan Friedman following a Bank of Israel directive. The regulator ruled that executive compensation cannot be linked to the performance of a single subsidiary.

Mortgage volume reached 11.5 billion shekels in July, an 8% increase year-on-year. Experts warn that these figures reflect past transactions and create a misleading sense of market health.

Bank Leumi has announced the cancellation of an option allocation for CEO Hanan Friedman. The decision follows a directive from the Banking Supervision Department prohibiting the linkage of executive compensation to the performance of individual subsidiaries.

The Psagot investment house warns that the combination of a tight labor market and a rapid surge in wages will continue to fuel inflation and will directly affect the Bank of Israel's decisions in the coming years.

At the start of the trading week, the shekel continues to strengthen, with the dollar falling 0.2% to 2.99 shekels. The euro weakened by 0.3%, trading above 3.45 shekels.

While institutional investors sold a massive sum of 14 billion dollars in the second quarter of the year and reduced their foreign currency exposure, the business sector purchased an almost identical amount - this is according to new data from the Bank of Israel. For comparison, this is a pace for an entire year. What is the governor's share in the trend, why did hedging costs jump, and what do...

According to Bank of Israel data, the average interest rate on deposits for six months to a year fell in July to 3.59%, compared to 3.94% in April. The gaps between banks are significant, and the interest rate on deposits ranges from 2.9% to 6%. While interest rate cuts are quickly rolling over to deposits, the decline in mortgages is more moderate.

According to a new macro review by Leader Capital Markets, the economy is recovering rapidly, but an annual wage jump of about 7% creates a real inflation risk and complicates the next interest rate decision.

The shekel shows a slight retreat at the start of inflation week. With CPI data due in the US on Wednesday and in Israel on Friday, markets are bracing for key indicators that will influence future central bank decisions.

Benjamin Netanyahu seeks to increase the defense budget for the next 13 years without identifying funding sources. Experts warn that this strategy increases debt and risks, undermining Israel's fiscal credibility.

The Banking Supervision Department at the Bank of Israel has proposed extending the automatic payment routing service for customers switching banks by three years. The measure aims to ensure financial continuity.

On Friday, Globes revealed that Benjamin Netanyahu is demanding to open the state budget and increase the defense budget by 400 billion shekels over 13 years. In his first response, Bank of Israel Governor Amir Yaron warns of a rise in the debt-to-GDP ratio and says: 'I was not involved'