Central Bank RatesIsrael: central bank policy rate
Last updated:
Policy rate3.25%Sep 30, 2026
For information only. Figures are reproduced from the cited sources, may be delayed or contain errors, and are not advice of any kind. Always check the original source. This is not investment advice. Translations on this site are not official BIS translations.
SinceSep 3, 2026cut -25 bp
1 year ago4.50%
Last 2 years (daily values)
Policy rate since 2000 (month-end values)
All changes since 2000
| Date | From | To | Change |
|---|---|---|---|
| Sep 3, 2026 | 3.50% | 3.25% | cut -25 bp |
| Jul 9, 2026 | 3.75% | 3.50% | cut -25 bp |
| May 28, 2026 | 4.00% | 3.75% | cut -25 bp |
| Jan 8, 2026 | 4.25% | 4.00% | cut -25 bp |
| Nov 27, 2025 | 4.50% | 4.25% | cut -25 bp |
| Jan 4, 2024 | 4.75% | 4.50% | cut -25 bp |
| May 25, 2023 | 4.50% | 4.75% | hike +25 bp |
| Apr 7, 2023 | 4.25% | 4.50% | hike +25 bp |
| Feb 23, 2023 | 3.75% | 4.25% | hike +50 bp |
| Jan 5, 2023 | 3.25% | 3.75% | hike +50 bp |
| Nov 24, 2022 | 2.75% | 3.25% | hike +50 bp |
| Oct 9, 2022 | 2.00% | 2.75% | hike +75 bp |
| Aug 25, 2022 | 1.25% | 2.00% | hike +75 bp |
| Jul 7, 2022 | 0.75% | 1.25% | hike +50 bp |
| May 26, 2022 | 0.35% | 0.75% | hike +40 bp |
| Apr 14, 2022 | 0.10% | 0.35% | hike +25 bp |
| Apr 10, 2020 | 0.25% | 0.10% | cut -15 bp |
| Nov 29, 2018 | 0.10% | 0.25% | hike +15 bp |
| Feb 26, 2015 | 0.25% | 0.10% | cut -15 bp |
| Aug 28, 2014 | 0.50% | 0.25% | cut -25 bp |
| Jul 31, 2014 | 0.75% | 0.50% | cut -25 bp |
| Feb 27, 2014 | 1.00% | 0.75% | cut -25 bp |
| Sep 27, 2013 | 1.25% | 1.00% | cut -25 bp |
| May 30, 2013 | 1.50% | 1.25% | cut -25 bp |
| May 17, 2013 | 1.75% | 1.50% | cut -25 bp |
| Dec 27, 2012 | 2.00% | 1.75% | cut -25 bp |
| Nov 1, 2012 | 2.25% | 2.00% | cut -25 bp |
| Jun 28, 2012 | 2.50% | 2.25% | cut -25 bp |
| Jan 26, 2012 | 2.75% | 2.50% | cut -25 bp |
| Dec 1, 2011 | 3.00% | 2.75% | cut -25 bp |
| Oct 2, 2011 | 3.25% | 3.00% | cut -25 bp |
| May 26, 2011 | 3.00% | 3.25% | hike +25 bp |
| Mar 31, 2011 | 2.50% | 3.00% | hike +50 bp |
| Feb 24, 2011 | 2.25% | 2.50% | hike +25 bp |
| Jan 27, 2011 | 2.00% | 2.25% | hike +25 bp |
| Sep 30, 2010 | 1.75% | 2.00% | hike +25 bp |
| Jul 29, 2010 | 1.50% | 1.75% | hike +25 bp |
| Apr 1, 2010 | 1.25% | 1.50% | hike +25 bp |
| Dec 31, 2009 | 1.00% | 1.25% | hike +25 bp |
| Nov 26, 2009 | 0.75% | 1.00% | hike +25 bp |
| Aug 27, 2009 | 0.50% | 0.75% | hike +25 bp |
| Mar 26, 2009 | 0.75% | 0.50% | cut -25 bp |
| Feb 26, 2009 | 1.00% | 0.75% | cut -25 bp |
| Jan 29, 2009 | 1.75% | 1.00% | cut -75 bp |
| Jan 1, 2009 | 2.50% | 1.75% | cut -75 bp |
| Nov 27, 2008 | 3.00% | 2.50% | cut -50 bp |
| Nov 14, 2008 | 3.50% | 3.00% | cut -50 bp |
| Oct 30, 2008 | 3.75% | 3.50% | cut -25 bp |
| Oct 12, 2008 | 4.25% | 3.75% | cut -50 bp |
| Aug 28, 2008 | 4.00% | 4.25% | hike +25 bp |
| Jul 31, 2008 | 3.75% | 4.00% | hike +25 bp |
| Jun 26, 2008 | 3.50% | 3.75% | hike +25 bp |
| May 29, 2008 | 3.25% | 3.50% | hike +25 bp |
| Mar 27, 2008 | 3.75% | 3.25% | cut -50 bp |
| Feb 28, 2008 | 4.25% | 3.75% | cut -50 bp |
| Dec 27, 2007 | 4.00% | 4.25% | hike +25 bp |
| Aug 30, 2007 | 3.75% | 4.00% | hike +25 bp |
| Jul 26, 2007 | 3.50% | 3.75% | hike +25 bp |
| May 31, 2007 | 3.75% | 3.50% | cut -25 bp |
| Apr 26, 2007 | 4.00% | 3.75% | cut -25 bp |
| Mar 1, 2007 | 4.25% | 4.00% | cut -25 bp |
| Feb 1, 2007 | 4.50% | 4.25% | cut -25 bp |
| Dec 28, 2006 | 5.00% | 4.50% | cut -50 bp |
| Nov 30, 2006 | 5.25% | 5.00% | cut -25 bp |
| Oct 26, 2006 | 5.50% | 5.25% | cut -25 bp |
| Jul 27, 2006 | 5.25% | 5.50% | hike +25 bp |
| Apr 27, 2006 | 5.00% | 5.25% | hike +25 bp |
| Mar 30, 2006 | 4.75% | 5.00% | hike +25 bp |
| Jan 26, 2006 | 4.50% | 4.75% | hike +25 bp |
| Dec 1, 2005 | 4.00% | 4.50% | hike +50 bp |
| Oct 27, 2005 | 3.75% | 4.00% | hike +25 bp |
| Sep 29, 2005 | 3.50% | 3.75% | hike +25 bp |
| Jan 27, 2005 | 3.70% | 3.50% | cut -20 bp |
| Dec 30, 2004 | 3.90% | 3.70% | cut -20 bp |
| Nov 25, 2004 | 4.10% | 3.90% | cut -20 bp |
| Apr 1, 2004 | 4.30% | 4.10% | cut -20 bp |
| Feb 26, 2004 | 4.50% | 4.30% | cut -20 bp |
| Jan 29, 2004 | 4.80% | 4.50% | cut -30 bp |
| Jan 1, 2004 | 5.20% | 4.80% | cut -40 bp |
| Nov 27, 2003 | 5.60% | 5.20% | cut -40 bp |
| Oct 30, 2003 | 6.10% | 5.60% | cut -50 bp |
| Sep 25, 2003 | 6.50% | 6.10% | cut -40 bp |
| Aug 28, 2003 | 7.00% | 6.50% | cut -50 bp |
| Jul 31, 2003 | 7.50% | 7.00% | cut -50 bp |
| Jun 26, 2003 | 8.00% | 7.50% | cut -50 bp |
| May 29, 2003 | 8.40% | 8.00% | cut -40 bp |
| May 1, 2003 | 8.70% | 8.40% | cut -30 bp |
| Mar 27, 2003 | 8.90% | 8.70% | cut -20 bp |
| Dec 26, 2002 | 9.10% | 8.90% | cut -20 bp |
| Jun 27, 2002 | 7.10% | 9.10% | hike +200 bp |
| Jun 11, 2002 | 5.60% | 7.10% | hike +150 bp |
| May 30, 2002 | 4.60% | 5.60% | hike +100 bp |
| Apr 25, 2002 | 4.40% | 4.60% | hike +20 bp |
| Feb 28, 2002 | 3.80% | 4.40% | hike +60 bp |
| Dec 25, 2001 | 5.80% | 3.80% | cut -200 bp |
| Nov 29, 2001 | 6.10% | 5.80% | cut -30 bp |
| Nov 1, 2001 | 6.30% | 6.10% | cut -20 bp |
| Jul 26, 2001 | 6.50% | 6.30% | cut -20 bp |
| Jun 28, 2001 | 6.80% | 6.50% | cut -30 bp |
| Jun 21, 2001 | 7.00% | 6.80% | cut -20 bp |
| May 31, 2001 | 7.20% | 7.00% | cut -20 bp |
| Mar 29, 2001 | 7.50% | 7.20% | cut -30 bp |
| Mar 1, 2001 | 7.70% | 7.50% | cut -20 bp |
| Feb 1, 2001 | 8.00% | 7.70% | cut -30 bp |
| Dec 28, 2000 | 8.20% | 8.00% | cut -20 bp |
| Nov 30, 2000 | 8.40% | 8.20% | cut -20 bp |
| Oct 26, 2000 | 8.60% | 8.40% | cut -20 bp |
| Sep 28, 2000 | 8.90% | 8.60% | cut -30 bp |
| Aug 31, 2000 | 9.10% | 8.90% | cut -20 bp |
| Jul 27, 2000 | 9.30% | 9.10% | cut -20 bp |
| Apr 27, 2000 | 9.60% | 9.30% | cut -30 bp |
| Mar 30, 2000 | 9.90% | 9.60% | cut -30 bp |
| Feb 24, 2000 | 10.30% | 9.90% | cut -40 bp |
| Jan 27, 2000 | 10.70% | 10.30% | cut -40 bp |
Which rate is shown (BIS notes, in English)
Offical central bank rate.
Changes by year
Method
We download the BIS daily policy-rate series (WS_CBPOL). A change is recorded on the first day the published value differs from the previous day's value. Series that ended (for example euro area members before joining the euro) are not listed. bp = basis points (0.01 percentage point).
About this page
The policy rate of Israel is 3.25% (BIS data as of Sep 30, 2026).