Interest rate decision · Israel
Israel Interest Rate Decision
The Israel Interest Rate Decision is the Bank of Israel's announcement of its main policy rate, the policy rate. It is the price of money in Israel: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.
- اهمیت
- Medium
- منتشرشده
- About every six weeks
- انتشار بعدی
- ارز
- ILS · Israeli shekel
- بانک مرکزی
- The Bank of Israel
آخرین ارقام
آخرین انتشار در 2026-10-21 منتشر شد و 3.25% بود. این مطابق اجماع 3.25% است. نسبت به 3.25% در دفعه قبل تغییری نکرده است.
نتیجه‌ای مطابق پیش‌بینی معمولاً واکنش کمی ایجاد می‌کند: قبلاً در قیمت لحاظ شده بود.
در 12 انتشار اخیر بین 3.25% و 4.50% بود، با میانگین 4.00%.
| منتشرشده | برای | واقعی | پیش‌بینی | قبلی |
|---|---|---|---|---|
| 21 Oct 2026 | – | 3.25% | 3.25% | 3.25% |
| 1 Sep 2026 | – | 3.25% | 3.5% | 3.5% |
| 6 Jul 2026 | – | 3.5% | 3.5% | 3.75% |
| 25 May 2026 | – | 3.75% | 3.75% | 4% |
| 30 Mar 2026 | – | 4% | 4% | 4% |
| 23 Feb 2026 | – | 4% | 3.75% | 4% |
| 5 Jan 2026 | – | 4% | 4.25% | 4.25% |
| 24 Nov 2025 | – | 4.25% | 4.25% | 4.5% |
| 29 Sep 2025 | – | 4.5% | 4.5% | 4.5% |
| 20 Aug 2025 | – | 4.5% | – | 4.5% |
| 7 Jul 2025 | – | 4.5% | 4.5% | 4.5% |
| 26 May 2025 | – | 4.5% | 4.5% | 4.5% |
چرا مهم است
No release moves markets more directly. The rate decides what holding the Israeli shekel pays, so the currency, government bond yields, bank shares and the whole stock market react within seconds. Markets usually price the decision in advance, so the surprise, and the tone of the statement and press conference, matter as much as the number: a hold with a hawkish message can lift the currency more than an expected hike.
روش محاسبه
There is nothing to calculate: the rate is set by a vote of the central bank's policy committee at scheduled meetings. The committee weighs inflation against its target, the labour market, growth and financial conditions. Most decisions move in steps of 0.25 percentage point; 0.50 or more signals urgency.
Taylor rule (a rough guide many economists use):
rate ≈ neutral rate + inflation + 0.5 × (inflation − target) + 0.5 × output gapتغییرات چه معنایی دارند
- Compare the decision with the consensus: a surprise move is rare and causes the largest reactions.
- Read the statement for changes in wording; "further tightening may be needed" versus "policy is appropriate" is what traders act on.
- Look at the vote split: dissents in one direction often foreshadow the next move.
- A hike or hawkish hold usually lifts the Israeli shekel and bond yields; a cut or dovish tone does the opposite. Stocks usually prefer lower rates unless the cut signals a weakening economy.
بالاتر از انتظار: A higher rate than expected (or a hawkish surprise) usually lifts the Israeli shekel and bond yields and weighs on stocks.
پایین‌تر از انتظار: A lower rate than expected usually weakens the Israeli shekel, lowers bond yields and supports stocks.
تاریخچه‌ای کوتاه
Central banks have set lending rates since the Bank of England raised its Bank Rate in the 18th and 19th centuries to defend its gold reserves. Since New Zealand adopted formal inflation targeting in 1990, most central banks set rates to keep inflation near a target, usually 2%.
پرسش‌ها
What is the Israel Interest Rate Decision?
The Israel Interest Rate Decision is the Bank of Israel's announcement of its main policy rate, the policy rate. It is the price of money in Israel: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.
What was the latest Israel Interest Rate Decision?
3.25%, published on 21 October 2026 (consensus 3.25%, previous 3.25%).
When is the next Israel Interest Rate Decision?
On Monday 23 November 2026 at 14:00 UTC.
When is the Israel Interest Rate Decision announced?
On the dates of the Bank of Israel's scheduled policy meetings, published a year in advance; the calendar above shows the next one.
Why do markets move before the decision?
Interest-rate futures and swaps price the expected decision days ahead; on the day, only the difference from those expectations moves prices.
فقط محتوای آموزشی است، نه توصیه سرمایه‌گذاری. ارقام نتایج منتشرشده‌اند که تقویم ما ثبت کرده است؛ واکنش‌های بازار که توصیف شده‌اند معمول‌اند، نه تضمینی.