Interest Rate Cut in Israel
July 8, 2026
On the central banking front, officials at the Bank of Israel completed a review of monetary policy, and as expected cut the central bank’s interest rate for a second straight time by 25 basis points. This was the fifth reduction of that size since January 2024 and trims the interest rate at 3.50%, its lowest point since the end of 2022. A released statement observes that actual CPI inflation of 1.9% is holding just below the 1-3% target midpoint and that indications of future expected inflation are also a tad under the 1-3% target midpoint.
Copyright 2026, Larry Greenberg. All rights reserved.
Tags: Bank of Israel
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