Fischer Loses Deficit Spending Showdown in Cabinet

The cabinet voted to raise Israel's deficit ceiling to 3% over the objections of Bank of Israel governor Stanley Fischer.Gabe Kahn, 7/2/2012, 5:10 PM

Fischer Blasts Netanyahu Deficit Spending Plan

Bank of Israel governor Stanley Fischer says the PM's plan to increase deficit spending is the exact opposite of what Israel should doGabe Kahn, 6/29/2012, 1:05 PM

Bank of Israel Finally Lowers Prime Rate

After five months of holding the rate steady, the Bank of Israel on Monday lowered interest rates.David Lev, 6/25/2012, 9:06 PM

Bank of Israel: Interest Rate for June Unchanged at 2.5%

The Bank of Israel left the country's key interest rate unchanged for June 2012 at 2.5 percent for the fourth month in a row.Chana Ya'ar, 5/28/2012, 6:38 PM

Attempted Cyber-Attack on Bank Hapoalim

Hackers working via an Iranian server farm staged a cyber-attack on Bank Hapoalim; Bank of Israel convenes emergency meeting.Gabe Kahn., 2/17/2012, 8:33 AM

Fischer: Global Economy Facing 'Approaching Crisis'

Bank of Israel Governor Stanley Fischer predicted an 'approaching crisis' for world markets at 12th Annual Herzliya Conference.Gabe Kahn., 2/1/2012, 4:45 PM

State of Israel Bonds are Back

Israel Bonds were back on the U.S. market Monday for the first time since March 2009.Chana Ya'ar, 1/23/2012, 10:52 PM

Bank of Israel Cuts Interest Rate for February

The Bank of Israel has cut its interest rate for February from 2.75 to 2.5 percent, noting the slowdown that began in 2011 "continues."Chana Ya'ar, 1/23/2012, 10:21 PM

Saudi Hacker Publishes 11,000 More Credit Card Numbers

Hacker "0xOmar" claims he possesses the credit card details of about a million Israelis.Gil Ronen, 1/5/2012, 9:27 PM

Bank of Israel to Hold Interest at 3%

Eyeing negative trends in the US economy and desiring to mitigate inflation and housing costs, the Bank of Israel is holding the line.Gabe Kahn., 10/24/2011, 6:10 PM

Bank of Israel’s Fischer: No Global Recession

Calm down. A global recession is not on the horizon, says Bank of Israel Governor Stanley Fischer.Tzvi Ben Gedalyahu, 9/11/2011, 11:59 AM

Bank of Israel Confident Despite US Finance Woes

Finance Ministry, Bank of Israel officials discuss implications of downgrading of US long-term credit rating.Gil Ronen, 8/7/2011, 4:38 PM

Bank of Israel Move Could Foil Netanyahu’s Housing Plan

Bank of Israel instructs banks to tighten their financing terms for developers, presenting a problem for PM's cheap housing plan.Elad Benari, 7/28/2011, 5:08 AM

Economy Expanding, Employment Up

Bank of Israel decides to leave interest rate unchanged for July at 3.25 percent to support further growth, while maintaining stability.Gil Ronen, 6/27/2011, 9:40 PM

Economic Report: All Systems Up - Including Housing Prices

Bank of Israel report on Israeli economic progress in Jan-Apr 2011. Bottom line: Economy continues to grow, housing prices still on the rise.Hillel Fendel, 6/16/2011, 3:21 PM

Bank Governor Stanley Fischer Running to Head IMF

Bank of Israel Governor Stanley Fischer has officially announced he is in the running to head the International Money Fund.Chana Ya'ar, 6/12/2011, 9:52 AM

Bank of Israel Governor May Be Candidate to Head IMF

Bank of Israel Governor Stanley Fischer is a possible candidate to head the International Money Fund, but has made no final decision. Chana Ya'ar, 6/1/2011, 10:58 AM

Interest Rate Raised to 3.25

Bank of Israel announced the raising of the interest rate for June by 25 basis points. Gil Ronen, 5/24/2011, 8:57 AM

Fischer Cheers Jump in Hareidi-Religious Work Studies

The number of hareidi-religious Jews learning professions has tripled in the last three years, the Bank of Israel announced.Tzvi Ben Gedalyahu, 3/28/2011, 3:03 PM

Deputy Bank of Israel Governor: I Agree with Sheshinski

Deputy Governor of the Bank of Israel praises Israel’s economy and addresses the controversial issue of royalties from the natural gas bonanza.Elad Benari, 1/12/2011, 8:54 AM

Bank of Israel Exchanges Shekels for Hamas

The Bank of Israel has fulfilled its obligation to replace old and worn-out currency, sending over 30 million new New Israeli Shekels to Gaza.Hillel Fendel, 7/21/2010, 5:59 PM

Israel's Unemployment Rate Drops - Again

Israel's unemployment rate drops for the third quarter in a row.Malkah Fleisher, 6/2/2010, 6:48 AM

GDP Grows 4.9% in Last Quarter of 2009

Netanyahu notes GDP growth is 'almost the highest among developed countries.' Fischer: 2009 'a more successful year than we initially expected.' Gil Ronen, 4/21/2010, 5:39 PM

Governor of Bank of Israel Stanley Fischer Agrees to Second Term

Governor of the Bank of Israel Stanley Fischer has accepted another five-year term at the invitation of Prime Minister Binyamin Netanyahu.Malkah Fleisher, 3/17/2010, 11:08 PM

Fischer: Israel's Economy is Strong

Bank of Israel Governor Stanley Fischer assured the Conference of Presidents that Israel's strong economy can withstand adversity.Malkah Fleisher, 2/17/2010, 9:18 PM

Israel Becomes First to Raise Interest

Bank of Israel Governor Stanley Fischer announces 0.25% interest hike, making Israel the first to raise interest since global financial crisis hit.Maayana Miskin, 8/24/2009, 8:02 PM