The Bank of Israel published an update on a meeting between Governor Prof. Amir Yaron, members of the Monetary Committee and the group of financial forecasters that regularly provides the Bank with forecasts for inflation, the interest rate and the exchange rate. The session was framed as an opportunity to exchange opinions and assessments with leading financial institutions. Prof. Yaron opened with remarks on economic developments in light of the war, after which Research Department economist Yaakov Chen Zion presented the department’s assessment that was compiled and published on 7 July 2025 alongside the recent interest rate announcement. The forecasters then shared their own assessments, and the Bank made the presentation used in the meeting available as an attachment.