European Central Bank to abandon crisis-era strategy on interest rates as inflation falls
ECB chief economist Philip Lane says focus needs to be ‘driven by upcoming risks rather than being backward-looking’
Interest Rates
Euro zone inflation rises to 2.3% in November
Price pressures surpass European Central Bank’s target for first time since August
Irish inflation remains at three year low as ECB gears up for more rate cuts
Food prices have risen 0.3% in November, and by 1.7% over last 12 months
Bank of Ireland cuts all its fixed home mortgage rates by 0.5%
Move puts lender’s rates close to rival AIB as analysts expect European Central Bank to cut interest rates again in December
Jerome Powell says US Federal Reserve in no ‘hurry’ to lower interest rates
Central bank chairman warns path to a reduction in inflation will be ‘bumpy’
Financial wellbeing and literacy across demographics subject of report
Call for better financial education as Competition and Consumer Protection Commission finds women, lone parents and unemployed have worst understanding of finance
Mortgage holders can save up to €600 a month by switching rates
Rates favour more energy efficient homes but savings of up to €7,405 are available to many homeowners
US Fed cuts rates by quarter point but offers no guidance for the future
US rate cut follows move earlier by Bank of England which signals that further reduction is unlikely before next year
Nearly all homeowners fail to claim up to €1,250 in relief on rising mortgage bills
Only one in eight of the 208,000 property owners thought eligible has applied for relief announced in Budget 2024
Bank of Ireland shares slide on concerns over rates and UK car finance investigation
The bank said that it will pay an interim dividend of 35c to shareholders next week
Data centres are energy-hungry and employ few people, so why does Ireland need more of them?
Inside Business podcast with Ciarán Hancock
The €500,000 suburban three-bed is now the house at the centre of the property price surge
This kind of house is attracting bids both from those seeking to move and from first-time buyers
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
‘We’re breaking the neck of inflation,’ says Lagarde as ECB cuts rates again
Frankfurt-based central bank trims key deposit rate by 25 basis points to 3.25 per cent
Euro zone inflation slows more than expected, paving way for ECB rate cut
Consumer price growth across the single currency bloc moderated to 1.7 per cent in September from 2.2 per cent the previous month
Tens of thousands of Irish mortgage holders to see immediate benefit from likely ECB rate cut
European Central Bank expected to reduce interest rates on Thursday as inflation fears replaced by concerns for economic growth
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
Lidl good, Ryanair not so bad, banks awful: What I’ve learned from 20 years writing Pricewatch
Pricewatch has been counting the pennies on your behalf for two decades. Here’s what we’ve learned
No shortage of finance for good companies with sound propositions
Businesses need access to capital for a variety of reasons, so what are the options open to companies seeking finance in an elevated interest rate environment?
One in eight home buyers using gifts or inheritances to get on property ladder, research shows
Banking and Payments Federation of Ireland finds renewed reliance on family to afford a homes
Federal Reserve cuts rates by half point and signals era of easing has begun
US central bank’s decision marks a milestone in its two-year fight against inflation
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 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
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
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 minutes highlight openness to September interest rate cut
Notes indicate upcoming meeting was widely considered a ‘good time’ to re-evaluate monetary policy restrictions
ECB rate cut hopes boosted by slowing in euro-zone negotiated wage growth
Growth in negotiated wages slowed to 3.55% from the previous 4.74% mark
Gold hits record highs as investors bet on rate cuts
US and European buyers position for lower borrowing costs after sitting out much of precious metal’s rally
Loans issued for home purchase fall 6% over past year as borrowers await ECB rate cuts
Average interest rate charged on new fixed-term mortgages falls after ECB cut in June
Irish house price inflation edges closer to 9% with average prices well ahead of 2007 boom
Property prices in Dublin rose at an even higher rate than the national average, up 9.3% in June from a revised 8.8% in May
Annoyed by banks’ bumper profits? It’s on you if you’re still giving them money for nothing
Banks are getting 3.75% on your savings with the Central Bank and paying you an average of 0.13% in a demand deposit account
Bank of England cuts rates for first time since 2020
Headline rate cut by a quarter of a percentage point to 5% but governor dampens expectation for rapid series of cuts
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