The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter

Analysis: pressure is building for a rate cut as inflation cools and growth weakens, but a stronger shekel, war with Iran, energy risks, fiscal expansion and political uncertainty…

The Bank of Israel Lowered Its Benchmark Rate to 3.75%, Citing Falling Inflation, a Stronger Shekel and Reduced Geopolitical Risks, While Warning Renewed Regional Instability…

The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter