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Israel Interest Rate
Last Release
Jan 06, 2025
Actual
4.5
Units In
%
Previous
4.5
Frequency
Daily
Next Release
Feb 24, 2025
Time to Release
1 Months 16 Days 14 Hours
Highest | Lowest | Average | Date Range | Source |
17 Jun 1996 | 0.1 Mar 2015 | 4.97 % | 1996-2025 | Bank of Israel |
In Israel, the interest rates decisions are taken by the Bank of Israel. The official interest rate is the "headline" rate.
Latest Updates
The Bank of Israel left its key interest rate steady at 4.5% for an eighth straight meeting on January 6th 2025, in line with market expectations. Policymakers expect the inflation rate to rise in the first half of the year particularly due to the increase in VAT, along with continued supply constraints and excess demand, before moderating to within the 1-3% target range during the second half of the year. Inflation in Israel eased to 3.4% in November. In addition, GDP is expected to grow by 0.6% in 2024 and 4% in 2025, slightly higher than the October forecast.
Israel Interest Rate History
Last 12 readings
