State hosted European Central Bank governing council meeting in May 2007, before the global financial crisis
Philip Lane
The best news, analysis and comment from The Irish Times business desk
Wages particularly in the services sector are still rising even if energy price shock and pandemic bottlenecks are ‘behind us’, Philip Lane says
Investors say further increase unlikely given near-stagnation of euro zone economy
Ex-Central Bank of Ireland governor tamps down hopes of rate cut soon
Grant Thornton’s MVPs, RTE is to lose some Montrose land, women and engineering, Philip Lane and deposit rates, and James Morrissey’s new book
The recent easing is mainly driven by non-energy industrial goods, the ECB said on Friday
Concern over inflation staying ‘too high for too long’ dominated June meeting of governing council
Former Central Bank of Ireland chief not ready to commit to increasing rates in September
Officials have raised interest rates at the fastest pace in ECB history to counter runaway inflation
Higher mortgage costs ‘unfortunate’ but ‘not something we can alleviate’
Fund calls for higher interest rates for longer, as well as tighter government spending
ECB chief warns firms are increasing profit margins while workers are pushing for higher wages in tight labour markets
ECB has a credibility issue as it was clearly caught out by the initial surge in inflation, downplaying it as short-term fallout from Covid
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