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Bank of Israel Reduces Interest Rate by 0.25 Percent

"The government should adopt the budget processes required to deal with the costs of the war and with the increased defense budget in the coming years to return the economy as rapidly as possible to a path of sustainable growth and not to deteriorate to lost years."

Bank of Israel Leaves Interest Rates Unchanged

"Inflation is moderating, but is still above the target range."

Good News: Israel’s Inflation Drops to 16-Month Low of 3.3%

The good news could mean the Bank of Israel will decide not to raise the interest rates any further when it makes the announcement on September 4.

Average Israeli Monthly Salary Rose 5% in April

It appears there is a gradual recovery taking place in high-tech, at least in Israel, where the number of salaried positions rose by 3.3 percent between March 2022 and March 2023.

Met Council to Feed 325K-Plus Needy Jewish New Yorkers for Passover

More than 200 distribution points, supported by more than 1,237 volunteers have been set up to help distribute close to 2,800,000 pounds of food to Jewish New Yorkers suffering from food insecurity.

Israeli Lawmakers Get 5.1% Pay Hike; Supreme Court Chief to Earn $350K+

Prime Minister Benjamin Netanyahu will receive 59,218 shekels ($17,400) per month, and President Isaac Herzog 67,971 shekels ($19,970).

Israel’s Consumer Price Index Rose 0.3% in December 2022

According to the Central Bureau of Statistics, the annual inflation rate has remained at 5.3 percent for the second month in a row.

Bank of Israel Hikes Interest Rates Again, This Time to 3.75%

Inflation in Israel was 5.3 percent over the past 12 months, although economic activity in Israel has remained strong.

Fed Raises Interest Rates Again, This Time by Half a Percentage Point

Powell: “I just don’t think anyone knows whether we’re going to have a recession or not, and if we do, whether it’s going to be a deep one or not."

Inflation in Israel Passes 5%

The economy's growth slowed in the third quarter but high inflation is still expected to prompt a significant central bank rate hike next week.

Fed Raises Interest Rate by 0.75 Percentage Points, Sixth Increase This Year

The September consumer price index report showed annual inflation rose by 0.4 percent monthly since January 1, although the annual rate dropped slightly to 8.2 percent.

Fed Raises Interest Rate 0.75 Percentage Point

Officials at the Federal Reserve are predicting that by the end of this calendar year, the key rate will fall between 4.25 percent and 4.5 percent.

Fed Raises Interest Rate Again, Hoping to Blunt Recession

Last month inflation rose to 9.1 percent from 8.6 percent a month earlier, the highest rate since November 1981.

Bank of Israel to Raise Interest Rate to 1.25 percent

Inflation in Israel is above the upper bound of the target range, at 4.1 percent over the past 12 months. The Bank of Israel predicts the GDP will grow by 5 percent in 2022 and by 3.5 percent in 2023.

Food Supplies in Arab World Strained Due to Ukraine War

One gallon of cooking oil in Lebanon costs the same as the monthly minimum wage, around $29.

Israeli Groceries Rank Sixth Most Expensive in Countries Surveyed

Only Switzerland, South Korea, Norway, Iceland and France were more expensive, according to “Money” magazine.

Israel Grapples with High Cost of Living as Citizens Grumble over Rising Prices

“Reduce all the tariffs, all the quotas and all the NTBs—they are adding 40% to 80% to the cost of most products,” said Elise Brezis, professor of economics at Bar-Ilan University and director of the Azrieli Center for Economic Policy. “That’s the first thing the government has to do. When they do that, then there will be a big change. The rest is commentary.”

Israeli Monetary Policy Report for First Half of 2019: Strong Shekel, Higher Housing Prices,...

In the period reviewed, the Bank of Israel bought only a small amount of foreign exchange—$86 million, compared to billions of dollars it purchased in previous years.

Bank of Israel Keeps Interest Rate Unchanged at 0.25%

In the year to date, the shekel has strengthened by six percent, increasing in value by 1.2 percent since last month.

Bank of Israel Keeps Interest Rate Unchanged at 0.1%

GDP is expected to grow by 3.7 percent in 2018 and by 3.6 percent in 2019.

Bank of Israel Keeps Interest Rate Unchanged for March

Since the last interest rate decision the shekel has weakened by 3.1 percent in terms of the effective exchange rate, and by 1.6 percent against the dollar.

Bank of Israel Keeps Interest Rate at 0.1 Percent

“The Monetary Committee intends to maintain the accommodative policy as long as necessary in order to entrench the inflation environment within the target range. "

Bank of Israel Keeps Interest Rate Unchanged in June

"Housing market data have indicated moderation in demand for homes... and continued decline in the flow of new mortgages taken out."

BOI Keeps Interest Rate Unchanged for September

The Bank of Israel kept the interest rate unchanged for the month of September 2016.

Iran ‘Not Worried’ About Falling Oil Prices

Iran, a member of OPEC, is not as worried about the plummeting price of crude oil as its regional neighbors -- it has other sources of income.

Goldstein on Gelt: Why Investors Need to Know About Inflation and Unemployment

Do the government’s inflation and unemployment figures really give an accurate picture of the economy? Also find out how to manage your money when you live outside the United States

What if Israel Were on the Gold Standard?

We would see a massive transfer of wealth away from the banks and the government and the stock market and real estate which will all crash and back to the wage earning middle class who would then be earning gold.

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