See every side of every news story
Published loading...Updated

Bank of Israel keeps rates on hold as inflation stays just above target range

ISRAEL, JUL 7 – The Bank of Israel maintained the interest rate at 4.5% for the 12th time as inflation eased to 3.1% but stayed above target amid moderate economic growth of 3.7%.

  • On Monday, the Bank of Israel kept its rate at 4.5% for 12th straight meeting amid inflation easing to 3.1% in May and ongoing conflict with Hamas.
  • Driven by inflation easing to 3.1% in May but remaining above the 1–3% target, and ongoing conflict with Hamas fueling economic uncertainty.
  • Analysis reveals the Israeli economy grew at 3.7% in Q1 with the committee returning to six members, amid inflation at 3.1% above target.
  • The Bank of Israel projects 3.3% GDP growth in 2025 and 4.6% in 2026, with debt-to-GDP rising to about 70% by end-2025.
  • The Bank of Israel projects three rate cuts to 3.75% by Q2 2026 and inflation near 2.2%, balancing persistent inflation and ongoing conflict uncertainty.
Insights by Ground AI
Does this summary seem wrong?

11 Articles

All
Left
2
Center
4
Right
2
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Globes broke the news in on Monday, July 7, 2025.
Sources are mostly out of (0)

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.