Bank of Israel

Financial education program for soldiers in need launched by IDF, Bank of Israel, nonprofits

The program aims to ease the burden of financial difficulties and debt as young men and women transition from military service into the workforce.

Governor of the Bank of Israel Prof. Amir Yaron with members of the IDF Manpower Directorate launching the consumer and financial guidance program for IDF soldiers in need, August 12, 2026.
Matan Shitrit, Chief Economist at Phoenix Financial

Israel in the eye of the storm — But the economy tells a different story

  New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.

Bank of Israel lowers interest rate to 3.5% in response to strong shekel, halt in war with Iran

“Israel’s housing market is slowing, yet mortgage volumes are rising due to delayed payments and higher financing needs.”

Bank of Israel reveals new data on Israel’s mortgage market


Inflation and housing prices show continued declines in Israel

Housing prices declined 1.3% over the past year, oil prices fell following the Iran agreement, and the dollar recovered after an early drop.

Israeli real estate – construction site.

Israel against the current

While the world talks about interest rate hikes, Israel returns to rate cuts

Matan Shitrit, Chief Economist at Phoenix Financial

Shekel gains sharply despite interest rate cut

The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking

Bank of Israel cuts interest rates, inflation stable despite Iran war

Exporters have called on the Bank of Israel to lower rates or intervene in the foreign exchange market.

 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.

Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines

Avraham Novogrocki, president of Israel’s Manufacturers’ Association, which represents some 1,500 firms and 400,000 workers, said the strong shekel posed a risk to the economy.

Israeli shekel

Bank of Israel keeps rate unchanged, cuts growth forecast

Ministry of Finance director general Ilan Rom also announced his resignation following the passage of the 2026 state budget by the Knesset

Israeli shekel

Prediction 2026

As one financial year ended and 2026 began, the hard numbers tell the story of what has been and what may lie ahead. 

Future financial predictions with cash, gold, and bitcoin

Under Iran fire, Israel’s basic cost-of-living gaps run deeper than income data suggests - study

Even before the current campaign, the Bank of Israel said in February that geopolitical uncertainty had resurfaced amid the prospect of a confrontation with Iran.

A vendor continues selling at Jerusalem's Mahane Yehuda market during the war with Iran, March 2026.

Knesset about to pass budget already seen as irrelevant

In the event of an extensive ground operation in Lebanon, the legislative process will start all over again, with revised deficit and growth forecasts

Finance Minister Bezalel Smotrich and Prime Minister Benjamin Netanyahu at cabinet meeting to vote on 2026 budget, December 5, 2025.

Bank Hapoalim to deposit NIS 500 savings grant for 100,000 Israeli families

The bank said eligible customers receiving child allowances will get the money automatically in a two-year deposit as part of a broader push to encourage household savings.

Bank Hapoalim