The recent news of the Prime Minister's decision to freeze legislation has had a positive impact on the Israeli market, with the shekel climbing to a one and a half month high against the US dollar. This marks the seventh consecutive day that the shekel has...
Israel is currently facing a challenge in terms of falling disposable income, which could have a significant impact on the economy in the coming months. According to the Central Bank's Information and Statistics Division, about 50% of households are in the red on...
Israel's tech industry has been making waves around the world for quite some time now, and the latest report from Dealroom shows just how far it has come. Tel Aviv, Israel's largest tech hub, has been ranked second in Europe in terms of its start-up ecosystem, with a...
The recent depreciation of the shekel and rising inflation expectations in Israel have raised concerns regarding the potential effects on the economy. Inflation projections from capital markets for this year have risen beyond the target range of the Bank of Israel,...
The Israeli shekel is currently experiencing a period of weakness against major currencies such as the US dollar and the euro. The reasons behind this trend are complex and multifaceted, with both domestic and international factors contributing to the shekel's...
In February, Israel's inflation rate fell to a four-month low of 5.2%, down from 5.4% in January. While this may appear to be good news, it was actually higher than expected, suggesting that the Bank of Israel may raise interest rates again next month. The consumer...
Silicon Valley Bank, a start-up focused lender, suffered a sudden bank run last week and collapsed on Friday morning, being taken over by the U.S. federal regulators. The bank had specialized in banking for tech start-ups since 1983 and provided financing for almost...
On March 7, 2023, Federal Reserve Chairman Jerome Powell gave a semi-annual monetary policy testimony to the US Senate Banking Committee, indicating that the Federal Reserve is planning to raise interest rates in the coming months. Powell stated that if the economic...
Nouriel Roubini, an American economist and professor at New York University known as Dr. Doom for correctly forecasting the 2008 financial crisis, has warned that the government's proposed legal reforms could cause a recession in Israel. According to Roubini,...
Fitch, the international ratings agency, has reconfirmed Israel's A+ rating and stable outlook, but expressed concern about the government's planned judicial reform and the independence of the central bank. In assessing Israel's economy, Fitch noted a high debt-to-GDP...