At the IMF event in Bangkok, top officials will emphasize economy strength despite the war | Burning questions on the agenda: Oil prices and global interest rates.
At the IMF event in Bangkok, top officials will emphasize economy strength despite the war | Burning questions on the agenda: Oil prices and global interest rates.
Bank of Israel Governor warns taxes must rise after rate cut; market reacts with gains on Tel Aviv Stock Exchange while business sector backs decision.
Bank of Israel Governor warns taxes must rise after rate cut; market reacts with gains on Tel Aviv Stock Exchange while business sector backs decision.
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%.
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%.
Bank of America observes that the most likely scenario is to maintain the status quo of "no war, no peace," with a continued risk of disruptions to shipping in the Red Sea.
Gold shatters records at $4,179 as investors brace for Fed cuts and trade war turmoil. Bank of America now sees $5,000 gold ahead - calling it “the ultimate hedge against chaos.”
Bank of Israel governor criticized the country's 2025 budget, cautioning that it would not bring down debt levels enough to offset a spike in spending caused by the war.
Bank of Israel governor criticized the country's 2025 budget, cautioning that it would not bring down debt levels enough to offset a spike in spending caused by the war.
"The interest rate will be set in accordance with inflation converging to its target, continued stability in the financial markets, economic activity, and fiscal policy," the bank said.
"The interest rate will be set in accordance with inflation converging to its target, continued stability in the financial markets, economic activity, and fiscal policy," the bank said.
At a conference marking 30 years of Bank of Jerusalem's real estate sector, CEO Yair Kaplan urged the Bank of Israel to extend mortgage terms to 35 years to ease high costs for young couples.
At a conference marking 30 years of Bank of Jerusalem's real estate sector, CEO Yair Kaplan urged the Bank of Israel to extend mortgage terms to 35 years to ease high costs for young couples.