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Bank of Israel makes third successive rate cut
- On Tuesday, the Israel Monetary Committee, headed by Governor Prof. Amir Yaron, cut the interest rate 0.25% to 3.25%, marking the third successive interest rate cut for The Bank.
- Annual Inflation currently stands at 1.5%, placing it within the government's 1%-3% price stability target range, giving The Bank additional room to reduce borrowing costs.
- National Accounts data for the second quarter of 2026 show that GDP was 6.2% higher than in the fourth quarter of 2025; the prime lending rate now stands at 4.75%.
- Gasoline prices jumped to a record NIS 8.25 per liter for 95-octane fuel on Tuesday, a rise expected to feed into the consumer price index as the stronger shekel complicates conditions for Israeli exporters.
- Uncertainty remains high in view of geopolitical tensions, and price increases are expected to accelerate in the coming months, which could add to inflationary pressure despite the rate cut.
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15 Articles
15 Articles
Third consecutive cut: Bank of Israel lowers interest rates to 3.25%, following economic review
The Bank of Israel's Monetary Committee lowered the interest rate on Tuesday. The rate was previously lowered in July, when the BoI decided to cut the rate from 3.75% to 3.5%.
·Jerusalem, Israel
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The central bank of Israel surprisingly lowers the key interest rate to 3.25%. The move is against the trend of other central banks towards a tighter monetary policy.
·Düsseldorf, Germany
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Coverage Details
Total News Sources15
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
Factuality
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