Macro - Country Economic Forecasts - Israel

Macro - Country Economic Forecasts - Israel



The shekel strengthened by 1.5% against the dollar following the ceasefire announcement between Israel and Hezbollah, and markets expect the conflict will wind down early next year. We still forecast the war will likely end in H1 2025, but recognise this could come sooner.


Israel: Shekel strengthens due to ceasefire with Hezbollah
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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