Bank of Israel governor

The Governor warns: 'Unrestrained defense budget will lead to an increase in deficit and inflation'

The interest rate remains unchanged; Prof. Yaron: No pressure was exerted; business sector criticizes the decision of the Governor, who does not rule out potential tax hikes for the upcoming budget.

Benjamin Netanyahu and Prof. Amir Yaron.
Bank of Israel Governor Professor Amir Yaron speaks at the Knesset; illustrative.

Third consecutive cut: Bank of Israel lowers interest rates to 3.25%, following economic review

Prof. Amir Yaron, Governor of the Bank of Israel

Interest rate drama: The news for mortgage takers – and Smotrich's unusual attack on the governor

 Outgoing Bank of Israel Governor Stanley Fischer seen speaking at a press conference at the Bank of Israel in Jerusalem on June 25, 2013.

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


Norwegian bank issues anti-Semitic credit card, says sorry

The card features a centuries old trope of the hook-nosed Jew, wearing a kippah and a prayer shawl, rejoicing against the backdrop of gold coins.

An anti-Semetic credit card features a hook-nosed Jew, laughing gleefully against a backdrop of gold coins

מוּל הָאַרְיֵה הַבְּרִיטִי – בְּעִיפָּרוֹן בִּלְבַד

New exhibit: Facing the British Lion — With Nothing but a Pencil

With Nothing but a Pencil

Regulator pushes debit cards, cancels check bouncing fee for depositors

One of the Bank of Israel's new regulations includes not charging customers who deposit bad checks, as well as not allowing banks to charge customers for debit cards.

Credit card

Koolanu to Bank of Israel: Stability, but not at any cost

Kahlon: We know that there’s a balance you have to strike between competition and stability.

Shekel money bills

The mortgage risk

The BoI deserves unstinting support for at least trying to break the vicious cycle of rising real estate prices and low interest rates.

Karnit Flug at her office on February 3, 2015

Grapevine: Reading their writes

President Reuven Rivlin addresses the United Nations in New York

Bank of Israel's Flug: Employment issues, inequality as central economic problems

Bank of Israel chief says Israel only spends a third of what other OECD countries spend on active labor policy; PM Netanyahu promises deregulation.

A laborer works on an apartment building under construction in Jerusalem

Knesset committee to grill Health Ministry officials on well-baby clinics

There are about 1,000 well-baby clinics around the country, of which 43 percent are owned and run by the ministry in municipal facilities.

The Knesset

Flug blasts Lapid’s 0% VAT housing plan as ineffective

Flug said that Lapid’s plan would not only fail but possibly make the situation worse.

Karnit Flug 370

Terror victims win battle with Israel to keep Bank of China case before favorable US judge

The civil damages case is in connection to attacks carried out against Americans in Israel between 2003 and 2008.

China (yen)