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.

OCTOBER 26, 2026|ByYEHUDA SHARONI

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

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%.

SEPTEMBER 1, 2026|ByDANIEL COHEN

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

The finance minister harshly attacked the "minimal" interest rate reduction, in his words, to 3.5%, and revealed that he pressured for an aggressive cut.

JULY 8, 2026|ByDANIEL COHEN

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

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

JUNE 1, 2025|ByJERUSALEM POST STAFF