Irish inflation accelerates to 1.4% in December
Despite increase, headline rate remains close to three-year low and well down on levels seen in 2022 and 2023
European Central Bank (ECB)
The Irish Times view on falling interest rates: welcome for borrowers, but not for the economy
Further rate cuts risk adding fuel to demand in an already-inflated housing market , where what is required is lower prices, not higher ones
Avant Money informs Irish customers that it will become full fledged bank here in April
Nonbank lender currently offers mortgages, credit cards and personal loans
ECB’s Philip Lane warns of too low inflation if interest rates stay high
Chief economist points to dangers of borrowing costs that remain ‘too high for too long’
Could one US dollar soon be worth more than one euro? What does this mean for Ireland?
For Irish businesses relying on the value of the dollar and for consumers looking at energy costs, a new volatility has entered the equation
Irish corporate insolvencies hit six-year high in 2024, PwC report shows
Insolvencies rose by 16% last year, although the fourth-quarter saw a drop in company collapses, report by Big Four firm notes
PTSB staff have days to apply for redundancy packages
Bank’s executive team is expected to take a number of weeks following the deadline for receipt of applications to determine how many staff it plans to let go
Mixed year for Irish banks amid falling rates, increasing competition and UK car finance review
AIB leads the three main lenders yet clouds may be on the horizon
From Apple’s record valuation to Zara’s share surge: An A-Z of financial markets in 2024
It was a challenging year for some listed companies and a record year for CEO departures
More ECB interest rate cuts are coming, says Christine Lagarde
Frankfurt believes rates are still constricting economic activity despite a series of cuts in 2024
PTSB goes for job cuts as bloated costs stand out among European peers
Bank won’t how many jobs it aims to cut but the number will need to run into the hundreds to have any meaningful impact
ECB switches focus from inflation to Europe’s flagging economy
Christine Lagarde spent a lot of her press conference on Thursday pointing to the growing strains in the economy
Central Bank governor favours gradual ECB rate cuts over ‘large moves’
Gabriel Makhlouf says disinflation process remains on track while warning economic outlook remains uncertain
Thousands of Irish mortgage holders likely to see dramatic fall in repayments over next year
European Central Bank on course to cut rates to 1.75 per cent next year
The Irish Times view on the ECB rate cut: an ominous sign
The bank’s latest cut outlook should act as a wake-up call for all member states
Some mortgage holders to benefit by €2,000 a year after four ECB rate cuts
Latest cut from eurozone’s central bank will put pressure on banks to lower variable and fixed rates
ECB cuts rates for fourth time since June
Quarter point cut in lending rate to 3.15% will mean saving of €40 a month for those with a €300,000 mortgage
Inflation remains close to three-year low of 1%
Latest inflation data comes as European Central Bank is expected to reduce interest rates by another quarter point
Europe stocks close lower, snapping eight-session streak
Investors gear up for the latest US inflation report and ECB rate decision
State must pick up €2.8m tab into pension scheme of company that went bust in 2009
The best news, analysis and comment from The Irish Times business desk
Trump trade-war fallout could trigger deep euro zone rate cuts, warns Pimco
Bond giant says euro is vulnerable to further declines amid market ‘optimism’ over impact of Trump presidency
Pepper to cut variable rates for homeowners after ECB reductions
Decreases will range from 0.35-0.5% with majority of its 9,000 customers to receive 0.5%
Central Bank governor more cautious on large ECB rate cuts
Gabriel Makhlouf raises prospect of ‘sharp’ fall in stocks prices amid heightened technology sector valuations
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’
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
Top ECB official sees little room for further interest rate cuts
Isabel Schnabel warns cutting rate further could backfire
AIB moves some bad-loan risks off balance sheet to support investor payouts
Significant risk transfer agreement sees institutional investors take on part of the risk of losses on €1bn of corporate loans in portfolio
Eurozone facing another potential debt crisis, ECB warns
Annual Financial Stability Review highlights elevated debt levels, high budget deficits and uncertainties from recent election outcomes
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
Eurozone inflation rises to 2% in October, undermining case for big ECB rate cut
Rise in inflation follows stronger-than-expected growth data for the third quarter released on Wednesday
Light touch regulation did not work with banks and won’t work for video sharing platforms like TikTok
Coimisiún na Meán’s online safety code for video-sharing platforms contains echoes of the 2008 banking crisis
Revolut cuts interest rates for savers following ECB rate move
Digital bank which launched first savings accounts in Ireland in May reduces deposit rates to 1.7% from November 28th
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 interest rates: Borrowers set to save more than €2,000 as series of new cuts expected
Rate cutting pattern is expected to continue until June 2025
ECB’s latest rate reduction will help borrowers but egg on house prices
Markets are already pricing in four more rate cuts between now and March
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
European shares fall as investors take cover ahead of ECB rates meeting
Irish banks out of sorts as builders trend lower
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
Flutter finishes down 6% as UK considers £3bn tax on gambling firms
Mixed day for banks and building firms on Irish market
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
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
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
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