Israel
Bank of Israel urges government to keep its fiscal discipline
Central bank, which cut interest rates to lowest level ever on Monday, warns exceeding deficit target could hurt country's fiscal credibility
Israeli officials look to remove obstacles to securitisation
Joint team of financial regulators renew efforts to promote securitisation; former deputy governor Zvi Eckstein backs proposed legislative changes
Bank of Israel expects 0.4% inflation for 2014
Low rates prompted by flagging domestic demand, appreciation of the shekel and low inflation environment worldwide, bank says in monetary policy report
Israel governor Flug appoints new chief of staff
Daniel Hahiashvili appointed as chief of staff to the governor today; incumbent Eddy Azoulay moves to represent Israel at the European Bank for Reconstruction and Development
Israel publishes first financial stability report
Bank of Israel repeats demand for new committee for setting macro-prudential policy in its first financial stability report since 2004
Highly indebted poorer households pose risk to Israeli banking system
Bank of Israel says lenders should look more carefully at ‘payment-to-income' ratio, which is highest for those households most exposed to macro- and micro-level economic shocks
Israeli banks' core capital ratio would fall to 7.5% in crisis, stress tests show
Banking system would show cumulative loss of three billion shekel, says Bank of Israel, but there would be 'no risk to stability'
MPCs can make good decisions despite economic uncertainty, says Israel's Flug
Israel governor stresses the need for up-to-date forecasts and 'broad range of indicators' when conducting monetary policy
'Normal environment' still far off, says Flug
Israeli governor says country's modern central bank law 'internalises global crisis lessons' and includes support for financial stability in mandate
Israel to announce rate decisions while trading floor is open
Move will bring Israeli central bank in line with its international peers but unlikely to make much practical difference, observers say
Bank of Israel cut rates despite 'rapid' increase in house prices
Four out of five members of the Bank of Israel's MPC backed last month's 25 basis point rate cut to 0.75% following weaker performance across range of indicators
Flug fears advanced economies will leave Israel behind
Bank of Israel governor notes gap between GDP per capita in Israel and US was close to 50% in 2011 and is expected to remain 'more or less the same' – a 'clearly troubling picture'
Bank of Israel staff get bump in wages
Recently struck deal raises salaries by 1.78% and also increases wages retroactively for 2012 and 2013; governor Flug recently recieved 50% pay increase after push by former governor Stanley Fischer
Central banks in Israel, UK close in on new deputies
Bank of Israel governor Karnit Flug nominates academic Nadine Baudot-Trajtenberg as her deputy; UK Treasury begins process of replacing Charles Bean at the Bank of England
Israeli paper finds ‘prolonged decline’ in Nairu
Researchers at the Bank of Israel utilise the Phillips and Beveridge curves to estimate the country’s non-accelerating inflation rate of unemployment between 1998 and 2012
Flug turns Bank of Israel focus to financial stability
Central bank's 'workplan' for 2014 centres on financial stability reforms; governor tells Knesset that stress tests show banking system is strong, but operating efficiency remains low
Israeli annual report for bank customers could be first step to reduce transparency 'knowledge gap'
Bank of Israel supervisor pushes for banks to provide customers with tailored yearly reports; UK consultancy says future lies in 'single online portal' for all financial products
Flug takes up Fischer's mantle on Israeli economy
New governor Karnit Flug proposes financial stability committee in conjunction with ministry of finance; repeats predecessor's calls to expand labour force participation and build more homes
Flug calls for inclusive Israeli labour market
Next Bank of Israel governor Karnit Flug says integrating Arab population into Israeli economy will counteract expected decline in working age population and subsequent drop in growth rates
Bank of Israel saga comes full circle with Flug nomination
Prime minister relents and nominates Stanley Fischer’s deputy as the next central bank governor; Karnit Flug’s first act is to appoint research head Nathan Sussman to the monetary committee
Israel central bank reinstates September meeting due to market volatility
Bank of Israel reverses a decision not to meet around the Jewish new year; u-turn likely to have been influenced by market expectations that the Fed will begin to 'taper' next month
Israeli banking supervisor floats full risk weights for mortgages
Draft guidance presented to Bank of Israel advisory committee yesterday would also force banks to limit the use of variable interest rates and do away with long-term loans
Blejer heads up new Bank of Israel shortlist
Former Central Bank of Argentina governor is new front-runner for the Bank of Israel top job; former Israeli deputy Zvi Eckstein also submits application
Leiderman turns down Bank of Israel top job
Prime minister Benjamin Netanyahu in sticky situation as top two choices turn down central bank governorship within five days of each other; pool of potential candidates shrinking fast