European Central Bank (ECB)

ECB rate cut: what’s in it for me?

Q&A: Latest fall in interest rates will save tracker mortgage customers €33 a month per €100,000 balance on their loan, but other borrowers may have to wait to benefit

Some mortgage holders serviced by Mars Capital to have rates increased

More than 1,000 accounts to be affected

Irish savers move more of their money into accounts with higher interest rates

Retail banks have been criticised for failing to increase their deposit rates in line with European Central Bank rate levels

Euro zone business activity unexpectedly contracts in September, PMI shows

German and French economic activity retreats

World economy faces pressures similar to 1920s slump, warns Christine Lagarde

ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change

House prices now rising at annual rate of almost 10%

Average price for a home nationally is €409,465, up €31,563 on this time last year, and €568,663 in Dublin

ECB hawk sees room for more interest rate cuts

Austria’s central bank governor Robert Holzmann says Eurozone borrowing costs could fall to 2.5% by mid-2025

ECB rate move hands Coalition perfect election springboard

Frankfurt’s decision to cut rates comes on the eve of what is expected to be another expansionary budget in advance of general election

Oil prices rise by more than 1 per over output concerns

Banking stocks rise on Irish market as Ryanair retreats

ECB rate cut: What does it mean for Irish mortgage holders and how much will they save?

Borrowers on variable rates and those coming off fixed rates or looking for a new mortgage may have to wait for any benefit

ECB cuts interest rates for second time as inflation continues to slow

Frankfurt trims its key lending rate, the one that affects mortgage rates, by 25 basis points to 4 per cent, providing some relief for mortgage holders

Inflation falls to three-year low of 1.7% in August

Headline price growth in Irish economy continues to soften on back of reduced energy prices

Tracker mortgage holders to save up to €1,000 per year with double interest rate cuts

The ECB is expected to cut interest rates today and also make a second, technical change to rate used to price tracker mortgages

What does the expected ECB interest rate cut mean for Irish mortgage holders?

The European Central Bank is likely to cut rates by 0.25 percentage points on Thursday

Savers stuck with low interest rates for seventh consecutive month

Average interest rate offered on overnight deposit accounts a mere 0.13% in July, Central Bank figures show

Easing of wage growth metric makes ECB rate cut more likely

There is increasing confidence that inflation can be brought back to the 2% target next year

ECB and Central Bank officials to brief Irish finance firms on digital euro

ECB to decide next year on the potential issuing of a digital currency

Euro zone inflation falls to 2.2% in August

Decline comes amid expectations of further interest rate cuts from European Central Bank

Average weekly earnings rise by 5.6% as workers seek real wage catch-up

CSO’s latest earnings data show workers earned an average of €963 a week in the second quarter

ECB chief economist cautions that inflation target is ‘not yet secure’

Philip Lane wary of amount of relief central bank will be able to provide borrowers

Why are Irish house prices surging again?

Since the ECB began raising interest rates in July 2022, Irish property prices have surged by 10%

YOU MAY ALSO LIKE...

The Irish Times ePaper

Election 2024

Full general election coverage including analysis and results for all 43 constituencies

Common Ground

How does a post-Brexit world shape the identity and relationship of these islands