Interest Rates

Bank of Israel won't raise interest rates

Bank of Israel Governor Amir Yaron decides to keep interest rate at 4.5% in 2nd decision not to change interest rates since the start of the war.

In rare English tweet, Smotrich slams 'populist' Coalition allies

Hoping to reassure credit rating agencies abroad, Finance Minister rejects 'populist' attacks by Coalition members on interest rate hike.

Israeli mortgage broker:

More Americans cannot afford to buy real estate in Israel now

Be'eri Gurtler Har Tuv says that higher rates impacting not only Israeli families but American Jews considering buying in Israel.

What Do higher US Interest Rates Mean for the World?

Since start of 2022, the US Federal Reserve System has implemented a rise in interest rates.

Study: Americans $4.2K poorer because of Biden's policies

Consumers taking major hit during Biden era, with far less spending power combined with out of control inflation and interest rate hikes.

Federal Reserve raises interest rate by 75 basis points

US Fed raises benchmark interest rate for 3rd straight month, the most aggressive rate move since 1994.

Dow falls 900 points after inflation report

Record inflation continues to cause high consumer goods prices and increases in interest rates.

Want to merit entering the Land of Israel? There are conditions!

Keeping the prohibition on taking interest from one's fellow Jew is relying on the God who took us out of Egypt to bring us sustenance.

Economist:

Interest rate move is testimony to strength of Israeli economy

Economist and mortgage consultant Be’eri Gurtler Har-Tuv speaks about the Bank of Israel interest rate increase and the Israeli economy.

First time in years:

Bank of Israel expected to raise interest rates

Most economists estimate: The interest rate will rise from 0.1% to 0.25% - and will continue to rise in the coming months.

Kahlon: Elections will be held in March

Finance Minister believes narrow coalition will not hold, rise in interest rates to have limited impact.

Bank of Israel to keep interest rates at 0.1%

The Bank of Israel announced it is keeping their interest rate at 0.1% for the month of January. Growth and inflation remain healthy.

Israeli Investors Join Worldwide 'Rush for the Exits'

Tel Aviv stocks followed Asian markets, again diving on Monday, as investors waited in trepidation for the opening of US markets.

Israelis Borrowing Too Much, Says Concerned NPO

According to statistics compiled by the Pa'amonim organization, one third of Israelis took loans of some sort last year.

Experts: Shekel Weakness Will Continue Through Elections

The once-mighty shekel is likely to go north of 4 to the dollar by the week's end, and keep falling, as elections fuel economic downturn.

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.

Fed to Keep Rates "Exceptionally Low"

The US Federal Reserve plans to keep interest rates "exceptionally low" in response to the recent slowdown in the US economic recovery.