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’
ECB chief economist Philip Lane says focus needs to be ‘driven by upcoming risks rather than being backward-looking’
Food prices have risen 0.3% in November, and by 1.7% over last 12 months
Isabel Schnabel warns cutting rate further could backfire
Significant risk transfer agreement sees institutional investors take on part of the risk of losses on €1bn of corporate loans in portfolio
Annual Financial Stability Review highlights elevated debt levels, high budget deficits and uncertainties from recent election outcomes
Rates favour more energy efficient homes but savings of up to €7,405 are available to many homeowners
Rise in inflation follows stronger-than-expected growth data for the third quarter released on Wednesday
Coimisiún na Meán’s online safety code for video-sharing platforms contains echoes of the 2008 banking crisis
Digital bank which launched first savings accounts in Ireland in May reduces deposit rates to 1.7% from November 28th
This kind of house is attracting bids both from those seeking to move and from first-time buyers
Rate cutting pattern is expected to continue until June 2025
Markets are already pricing in four more rate cuts between now and March
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
Frankfurt-based central bank trims key deposit rate by 25 basis points to 3.25 per cent
Consumer price growth across the single currency bloc moderated to 1.7 per cent in September from 2.2 per cent the previous month
Irish banks out of sorts as builders trend lower
European Central Bank expected to reduce interest rates on Thursday as inflation fears replaced by concerns for economic growth
Mixed day for banks and building firms on Irish market
More than 1,000 accounts to be affected
Retail banks have been criticised for failing to increase their deposit rates in line with European Central Bank rate levels
German and French economic activity retreats
ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change
Average price for a home nationally is €409,465, up €31,563 on this time last year, and €568,663 in Dublin
Austria’s central bank governor Robert Holzmann says Eurozone borrowing costs could fall to 2.5% by mid-2025
Frankfurt’s decision to cut rates comes on the eve of what is expected to be another expansionary budget in advance of general election
Banking stocks rise on Irish market as Ryanair retreats
Borrowers on variable rates and those coming off fixed rates or looking for a new mortgage may have to wait for any benefit
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
Headline price growth in Irish economy continues to soften on back of reduced energy prices
The European Central Bank is likely to cut rates by 0.25 percentage points on Thursday
The ECB is expected to cut interest rates today and also make a second, technical change to rate used to price tracker mortgages
Average interest rate offered on overnight deposit accounts a mere 0.13% in July, Central Bank figures show
There is increasing confidence that inflation can be brought back to the 2% target next year
ECB to decide next year on the potential issuing of a digital currency
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