Annual inflation eases to 3.8% ahead of Bank of Israel interest rate decision next week; war with Hamas expected to affect economy, dampen growth prospects

Prices of fresh produce, transportation, entertainment, rent increase; drop seen in costs for clothing, footwear, furniture

As forecast, central bank leaves borrowing costs at 4.75%, but cautions about impact of shekel depreciation on inflation and the possibility of further rate hikes

The Times of Israel's regular feature on what is happening in Israel's property market right now

In report on domestic financial stability, central bank says Israel’s financial system 'remains stable', but raises the level of risk citing overhaul impact

With price highs and transaction lows, securing a property deal seems harder than ever

Price drops on fresh produce, clothes and furniture outweigh hikes elsewhere, matching trends around the world as higher interest rates smother spending

More than half of Americans feel they are not well represented in Congress and that issues that are important to them are not advanced

BoI Gov. Amir Yaron calls on lawmakers to ensure legislative changes will be carried out in broad agreement, and will uphold the strength and independence of institutions

Annual rises in rents, mortgage payments make housing increasingly expensive compared to average salaries and consumer prices