Central bank of Israel; Amir Yaron is governor.
Ultra-Orthodox political figures have warned of stepping back from cooperation with government bodies and even triggering economic pressure in response to ongoing efforts to conscript yeshiva students. The rhetoric comes amid rising protests and a broader national debate over military exemptions for Haredi men, with a High Court ruling already mandating enlistment.
The Times of Israel reports multiple developments: the Bank of Israel has cut rates, inflation remains near target, and the shekel’s 33-year peak is weighing on exporters. A new study flags higher Israeli tech costs versus the US, potentially pushing startups to relocate or downsize. A government package seeks to ease cash flow for exporters and preserve R&D in Israel.