Aharon Katz

2 months ago | jpost.com | Aharon Katz

Governor of the Bank of Israel Amir Yaron came to a session of the Knesset Finance Committee on Tuesday, and presented a fairly encouraging forecast for inflation in 2025. The most optimistic forecasts project inflation, which was running at an annual rate of 3.2% in December, rising by about 0.5% in January because of rises in tax rates, but moderating later in the year and reaching just 2.1% in August, which is in the middle of the Bank of Israel's 1-3% target range.

2 months ago | en.globes.co.il | Aharon Katz

Governor of the Bank of Israel Amir Yaron came to a session of the Knesset Finance Committee on Tuesday, and presented a fairly encouraging forecast for inflation in 2025. The most optimistic forecasts project inflation, which was running at an annual rate of 3.2% in December, rising by about 0.5% in January, because of rises in tax rates, but moderating later in the year and reaching just 2.1% in August, which is in the middle of the Bank of Israel’s 1-3% target range.

Jan 21, 2025 | en.globes.co.il | Aharon Katz

Until a few weeks ago, there was a consensus on the market about 2025, with most analysts coming into line with the Bank of Israel’s forecasts: One or two interest rate cuts in the course of the year, and annual inflation of 2.6%. But in recent weeks, positive data on the economy have begun to accumulate, and analysts are now divided. Forecasters now expect more interest rate cuts, perhaps starting as early as April, and the range of inflation forecasts has widened.

Jan 15, 2025 | en.globes.co.il | Sponsored SponsoredUndo |Bar Lavi |Aharon Katz

Keystone Fund plans data center in Be'er Tuvia power plant Treasury chief Shlomi Heisler to step down Market sources are optimistic about broader regional moves, including the possibility of renewed talks with Saudi Arabia, which could transform the Middle East. The financial markets in Israel have in recent days been behaving as if they know something we don’t.

Jan 7, 2025 | en.globes.co.il | Aharon Katz

After yesterday’s decision by the Bank of Israel Monetary Committee to leave the bank’s key interest rate unchanged at 4.5%, Governor of the Bank of Israel Amir Yaron explains the economic path that the State of Israel is currently following. "The past year has been full of challenges. The Israeli economy usually grows at about 4% a year. This time, we have seen it grow only slightly (0.6% according to the bank’s estimates). The year before, growth was only 2%.