Bank of Israel governor

Stanley Fischer, former Bank of Israel governor, passes away at 81

Fischer was praised for his transformative impact on Israel’s economy and global monetary policy, especially during the global financial crisis of 2008.

 Outgoing Bank of Israel Governor Stanley Fischer seen speaking at a press conference at the Bank of Israel in Jerusalem on June 25, 2013.
Governor Amir Yaron at the Jerusalem Post Conference in New York, May 2025.

Economy bounces back from October 7 shock, governor urges fiscal discipline, workforce reform

 Bank of Israel Governor Amir Yaron seen at the Jerusalem Post Annual Conference in New York, June 3, 2024

Commercial banks to offer benefits to the tune of NIS 3b. following central bank plan

Governor of the Bank of Israel Amir Yaron speaks during a press conference at the Bank of Israel offices in Jerusalem, on January 2, 2022.

Bank of Israel chief critical of 2025 wartime budget


Bank of Israel gov. should be 'kicked down the stairs' - far right minister

Israeli Heritage Minister Amichai Eliyahu's remarks were criticized by politicians from the coalition and opposition alike.

 LEFT: Governor of the Bank of Israel Prof. Amir Yaron | RIGHT: Heritage Minister Amichai Eliyahu (Otzma Yehudit)

Market fears Bank of Israel governor won't seek second term

With six months until the end of Prof. Amir Yaron's term as Bank of Israel Governor, uncertainty over his replacement could further damage the economy.

Governor of the Bank of Israel Amir Yaron arrives to a cabinet meeting on the state budget, at the Prime Minister's Office in Jerusalem on February 23, 2023.

Bank of Israel Governor: 'Coalition funds will not encourage Haredim to work'

Prof. Amir Yaron also discusses the banks' response to interest rates, bank profits, and the housing crisis.

Governor of the Bank of Israel Amir Yaron speaks during a press conference at the Bank of Israel offices in Jerusalem, on January 2, 2022.

Netanyahu rejects request for gov't oversight on Bank of Israel interest rates

Foreign Minister Eli Cohen requested that the Finance Ministry work to stop the increase in Israel's interest rates.

 Israeli prime minister Benjamin Netanyahu, Minister of Finance Bezalel Smotrich and Minister of Foreign Affairs Eli Cohen at a press conference, at the Prime Minister's office in Jerusalem, on January 25, 2023.

Ex-Bank of Israel chief warns: Judicial reform could weaken economy, standard of living

Prof. Karnit Flug said that the reforms could lead to a weaker economy, lower incomes and a reduced standard of living.

Tech workers protesting against the government's judicial reforms  using the slogan 'No democracy, no hi-tech,' in Tel Aviv on January 24, 2023.

Bank of Israel interest rate increases by an additional 0.5%

A further increase in the interest rate may reduce the effects of inflation, but it will have a negative impact on the recipients of loans and mortgages.

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

Amid interest rate increase: Mortgage returns, overdraft spike by hundreds

Bank of Israel's 0.75% interest rate increase is the highest in the last 20 years. Here's what it means and why it's facing backlash.

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

Bank of Israel head must accept interest rate increase of only 0.5% per year

The governor must act as someone who looks ahead and believes in his own predictions: inflation will head towards a level of 2.5%-3.5% for the rest of 2022 and the beginning of 2023. 

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

Bank of Israel raises interest rate by 0.75% to 2%

The last time the Bank of Israel moved by three-quarters of a point was a rate reduction in early 2009.

 The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020.

Mortgage market mayhem: Public owes banks NIS 505 billion

High-interest rates haven’t cooled the market. In June, the public received mortgage loans amounting to NIS 11.9 billion, an increase of 2.5% over June 2021.

 THE BANK of Israel headquarters in Jerusalem.