Mideast Ceasefires to Renew Growth, Rate Cuts, Says BOI Governor

WATCH: Bank of Israel Governor Amir Yaron predicts strong growth in 2027.Source: Bloomberg

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April 16, 2026 at 8:03 PM UTC

The Bank of Israel is likely to upgrade its growth projection for 2026 given the ceasefire in Iran and freshly announced cessation of hostilities in Lebanon, says central bank Governor Amir Yaron.

“Gross domestic product growth projection was lowered to 3.8% from a previous 5.2% based on the working assumptions the military campaigns in Iran and Lebanon will extend through the end of April,” said Yaron, speaking to Bloomberg TV.