Central bank lifts borrowing costs by 50 basis points citing inflation above 5%, shekel depreciation and concerns about fiscal expansion and wages

As government ploughs ahead with plan to radically restructure judiciary and uncertainty sweeps local market, individuals and companies looking to move money to foreign accounts

IMF delegation arrives in Israel for a short introductory visit; Governor Amir Yaron says institutional independence vital for Israel's credit rating

Bank of Israel says to increase tax on housing and cut it on land zoned for business and commerce to help encourage residential construction

Nobelist, former senior advisers to Netanyahu are among signatories of letter, which comes day after Bank of Israel governor reportedly informed PM of grim possible fallout of plan

Haredi MKs point to use of phrase on US dollar bills, say addition will be good luck charm for country's economic success; Liberman: 'Interesting way to battle the cost of living'

Amir Yaron meets with PM due to concerns over potential economic fallout if plan to weaken courts passes, reportedly relays warnings from senior officials he met with in Davos

Prof. Moshe Hazan resigns from panel that sets Israel's interest rate, claims judicial makeover would ultimately harm economy, make country a 'banana republic'

Consumer price index rose 0.3% in December, led by gains in housing, food, transportation, and telecommunications prices, according to Central Bureau of Statistics

Central bank governor warns new government about budget demands in coalition deals, calls for responsible fiscal policy