Interest rate

Bank of Israel holds interest rates steady a week before election

The annual inflation rate edged up to 1.6% in September - well within the bank's 1% to 3% target range - from 1.5% in August.

|BySTEVEN SCHEER/ REUTERS
Bank of Israel.
The best crypto savings rate means little if the terms don't fit your needs.

How to compare crypto savings products without relying on headline rates

A quoted annual rate is only one part of a savings decision. Access, counterparty exposure, plan terms and jurisdiction often matter more than the number in the largest type.

|ByIN COOPERATION WITH COINHOLD
Bank of Israel Governor Amir Yaron.

Bank executives to represent Israel at IMF conference in Bangkok

At the IMF event in Bangkok, top officials will emphasize economy strength despite the war | Burning questions on the agenda: Oil prices and global interest rates.

|ByYEHUDA SHARONI
A stronger dollar reflects renewed rate-hike expectations and persistent inflation.

U.S. dollar stays strong as markets price In another Fed hike

The dollar remains strong as markets price another Fed hike, while easing oil prices, Treasury yields and global tensions could shape the currency’s next move.

|ByIN COOPERATION WITH TRADINGVIEW

Despite economic turmoil, Israel's interests set to remain at 4.75%

Recent signs of decreased inflation indicate an unchanged interest rate, as consumers begin saving and global pressures subside.

SEPTEMBER 3, 2023ByZACHY HENNESSEY
New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.