Repo rate is unchanged

The Central Bank has left the key rate at which it supplies funds to the wholesale money market unchanged

The Central Bank has left the key rate at which it supplies funds to the wholesale money market unchanged. The so-called repo rate remained at 6.19 per cent yesterday. Many market analysts are now anticipating a reduction in interest rates to be signalled by the bank shortly. Some believe it may do so shortly after the latest Irish inflation figures are published next Thursday.

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