Gil Bufman News Today

Mizrahi Tefahot Bank chief strategist Yonie Fanning: Basic economic conditions are conducive to lower rates.

By Steven Scheer JERUSALEM (Reuters) - Israel's economy is taking a hit after more than four months of war with Hamas, but the economy looks set to grow slightly this year before rebounding in 2025 as long as the conflict stays contained to Gaza. I...

Consumer confidence stands at levels not seen since the COVID-19 pandemic in 2020, while the annual inflation rate has eased back down to 3%.

Analysts say the surprise was not the downgrade but the negative outlook. Israel Business Forum: It's not too late for the government  to change budget priorities.

(Bloomberg) -- Israel is set to offer its first accounting of the toll on the economy from the violent conflict with Hamas, as the central bank reviews interest rates just over two weeks after attacks by the militant group forced emergency measures to stabilize markets.Most Read from BloombergUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on Recor...

Annual inflation eases to 3.8% ahead of Bank of Israel interest rate decision next week; war with Hamas expected to affect economy, dampen growth prospects

As forecast, central bank leaves borrowing costs at 4.75%, but cautions about impact of shekel depreciation on inflation and the possibility of further rate hikes

A quick look at the global oil market reveals supply disruptions, OPEC+ decisions, and shifting demand dynamics.

While some analysts believe the Bank of Israel will play a waiting game, Morgan Stanley forecasts another hike, with possibly more to come.

Consumer price index surprises with lower-than-expected monthly figure of 0.2% versus analysts' expectations of 0.5%-0.6%