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The Bank of Israel Expects One More Interest Rate Cut - and What Is the Inflation Target?

Summary by Globes
Despite the surprise in the September index: Bank of Israel leaves the interest rate at 3.25% - in line with expectations • Bank of Israel forecast: Inflation will rise to 2.1% next year, and the interest rate will stand at 3% • Bank warns that the activity of tech giants is distorting growth figures

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Despite the surprise in the September index: Bank of Israel leaves the interest rate at 3.25% - in line with expectations • Bank of Israel forecast: Inflation will rise to 2.1% next year, and the interest rate will stand at 3% • Bank warns that the activity of tech giants is distorting growth figures

The Bank of Israel surprised by deciding not to change the interest rate on the economy at all, and to leave it in place. Industrialists are furious

The Bank of Israel is keeping interest rates unchanged at 3.25% as it forecasts faster economic growth this year and 2027, citing a weakening of the shekel and stabilising geopolitical... Bank of Israel keeps interest rate unchanged at 3.25% — Estimate for 7.5% growth in 2027 - NAUTEBORIKI

Economy: On 21 October, the Bank of Israel Monetary Commission decided to maintain the rate of interest at 3.25 per cent per annum despite a decline in inflation.

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Globes broke the news on Wednesday, October 21, 2026.
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