Bank of Israel Governor Amir Yaron on Inflation, Shekel, Economy

The video discusses Israel's efforts to control inflation, which is currently above target. It covers the factors influencing inflation moderation, including global economic conditions and internal fiscal policies. The potential impact of a global recession on Israel's economy is examined, with a focus on GDP forecasts. The volatility of the Israeli shekel and its implications for inflation are also discussed. Finally, the video addresses the role of government spending in economic growth and inflationary pressures.

What is the current inflation rate in Israel as mentioned in the video?

• 1.3%

• 3.75%

• 5.3%

• 6.3%

What is the revised GDP growth forecast for Israel in 2023?

• 6.3%

• 2.8%

• 8.3%

• 3.5%

What is the expected GDP growth rate for Israel in 2024?

• 6.3%

• 3.5%

• 2.8%

• 8.3%

How did the Israeli shekel perform against the US dollar in the past year?

• It outperformed the US dollar.

• It had its worst year since 1998.

• It remained stable.

• It appreciated significantly.

What is one of the fundamental factors affecting the Israeli shekel's value?

• Current account surplus

• Oil prices

• Tourism rates

• Agricultural exports

What is a potential consequence of increased fiscal spending by the new Israeli government?

• Lower GDP growth

• Higher unemployment

• Increased inflationary pressure

• Decreased inflation

What is a key area for investment to support Israel's long-term growth?

• Military

• Infrastructure and human capital

• Tourism

• Real estate