Tag
#Bank of Israel
Economy
Bank of Israel cuts rate to 3.75% as US-Iran talks advance
Bank of Israel lowered its benchmark rate to 3.75 per cent as inflation eased, the shekel strengthened and US-Iran ceasefire talks reduced pressure on the economy.
By Helena Brandt
Economy
Bank of Israel cuts rates to 3.75% on shekel surge, Iran hopes
The Bank of Israel lowered its base rate by 25 basis points to 3.75% as the shekel hit a 33-year high and ceasefire talks with Iran progressed, marking the first easing since the conflict began in February.
By Helena Brandt
Banking
Israeli bank earnings test wartime capital strength
Israeli bank earnings are holding up better than the economy. FIBI kept credit growing and CET1 above requirements even as Israel's GDP shrank 3.3%.
By Naomi Voss
