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Gad Lior

Israel’s inflation hits lowest level since 2021 at 1.6% as home prices plunge

June consumer prices were unchanged, while apartment prices fell 1% over two months and 2% annually, though rents rose sharply for new tenants

Gad Lior, Hila Tsion | 07.15.26

Moody’s keeps Israel’s credit rating unchanged at Baa1 with stable outlook

The agency says Israel’s economy has remained resilient despite geopolitical shocks and forecasts 3.7% growth in 2026 and 5% in 2027 if ceasefires with Iran, Hezbollah and Hamas hold

Gad Lior | 07.15.26

Oil, dollar rise as renewed Middle East fighting rattles Israeli markets

Brent crude climbs above $78, the dollar strengthens past 3.05 shekels and Tel Aviv stocks fall after tanker attacks in the Strait of Hormuz and US strikes on Iranian targets

Gad Lior | 07.08.26

Bank of Israel resumes dollar purchases again after yearslong pause

Central bank bought more than $1 billion in June to support orderly currency markets, marking a second straight month of intervention as regional tensions weigh on the shekel

Gad Lior | 07.07.26

Bank of Israel cuts interest rate again, lowering benchmark to 3.5%

Monetary Committee lowers rate for second straight time despite political uncertainty, says inflation is easing and upgrades growth forecasts, but warns higher defense spending could widen the deficit and push prices up

Gad Lior | 07.06.26

Bank of Israel expected to cut interest rate for third time this year

Economists see another rate cut as inflation cools and growth slows, though a weaker shekel and election-year budget risks could stay the central bank’s hand

Gad Lior | 07.05.26

Finance Ministry agrees to give Defense Ministry immediate $5B budget hike

Compromise avoids reopening 2026 state budget for now, after Treasury warned Defense Ministry’s full request could force sharp VAT hike

Gad Lior, Yossi Yehoshua | 07.02.26

Treasury warns wartime defense spending could force 4.5% VAT hike

Finance officials say meeting Defense Ministry’s full budget request would require a sharp tax increase, raising costs across Israel’s economy

Gad Lior | 07.02.26

Israel's ballooning $50B war bill: IDF warns it cannot keep operating without urgent funds

The Treasury says the demand is excessive, warning that tens of billions more for defense could force deep civilian cuts and strain Israel’s credit rating

Gad Lior | 06.30.26

Ministers to weigh VAT cut before election despite budget warnings

Proposal to lower the tax from 18% to 17% draws support from business groups, but Finance Ministry warns of nearly $3 billion budget hole

Gad Lior | 06.28.26

Dollar trades near 3 shekels for first time in nearly three months

The shekel weakens against the US currency, gaining support from an expected Iran-US agreement and Israel’s complications in Lebanon; the euro also rises

Gad Lior | 06.23.26

Tel Aviv stocks slide as Iran fighting resumes

TA-35 and TA-125 fall after missile fire and Wall Street tech losses, though early drops ease as analysts urge perspective after US rally

Gad Lior | 06.08.26

Iran-Israel fighting rattles shekel, lifts oil

Dollar jumps to 2.96 shekels and oil rises 3% as renewed conflagration fuels market volatility after rare Bank of Israel forex intervention

Gad Lior | 06.08.26

Bank of Israel intervenes in forex for first time since pandemic

Official says central bank bought $801 million in May to counter irregular forex activity, not steer the shekel, as brokers report another possible intervention

Gad Lior | 06.07.26

היערכות משטרת ישראל בתל אביב לערב ראש השנה

OECD: Israel deficit to hit 5.3% in 2026, growth to surge to 5.6% next year

Israel’s economy is set to slow sharply this year as war costs widen the deficit, but the OECD expects a powerful 2027 rebound driven by construction, consumption and lower inflation, while warning that renewed fighting remains the key risk

Gad Lior | 06.03.26