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ISRAEL: BoI Expect Inflation to Enter Target Range in H2-2025

ISRAEL

Highlights from the policy statement:

  • In view of the continuing war, the Monetary Committee’s policy is focusing on stabilizing the markets and reducing uncertainty, alongside price stability and supporting economic activity.
  • The interest rate path will be determined in accordance with the convergence of inflation to its target, continued stability in the financial markets, economic activity, and fiscal policy.
  • Economic activity continues to recover moderately in view of geopolitical developments.
  • Inflation is expected to enter into the target range in the second half of the year.
  • The labor market remains tight, as indicated by unemployment, job vacancy, employment, participation, and wage data.

See the full release here.

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Highlights from the policy statement:

  • In view of the continuing war, the Monetary Committee’s policy is focusing on stabilizing the markets and reducing uncertainty, alongside price stability and supporting economic activity.
  • The interest rate path will be determined in accordance with the convergence of inflation to its target, continued stability in the financial markets, economic activity, and fiscal policy.
  • Economic activity continues to recover moderately in view of geopolitical developments.
  • Inflation is expected to enter into the target range in the second half of the year.
  • The labor market remains tight, as indicated by unemployment, job vacancy, employment, participation, and wage data.

See the full release here.