Interest Rates

Prices in restaurants and hotels rose by 3.1 per cent mainly due to higher prices for alcoholic drinks and food consumed in licensed premises

Central Bank data show that up to €140 billion of Irish deposits still resides in overnight deposit accounts, accruing just 0.13 per cent in interest

Most are customers of non-bank lenders, but are unable to switch to cheaper bank finance, says an Oireachtas report

In a predictable world, the ECB is likely to keep slashing rates but right now nothing is predictable

European Central Bank makes sixth cut to interest rates sine last July, bringing its main deposit rate down to 2.5%

Thursday’s cut likely to be last straightforward rates decision for sometime

Legal & General Investment Managers sees ECB rate cuts continuing for now

Loans within families can offer better value to the borrower than going to the banks but make sure you follow the rules

Attempts to force the Federal Reserve’s hand would likely see cost of US borrowings surge

Property professionals give their views on demand, Government schemes and housing completions

Remarks are the strongest hint yet that central bank hawks will soon resist lowering borrowing costs

Falling interest rates and Government incentives can offer some relief to first-time buyers

Rising consumer prices will limit scope for interest rate cuts and undermine election commitment

Bank warns that inflation will rise 'quite sharply' to peak at 3.7% later this year

Central Bank governor favours no longer describing monetary policy as ‘restrictive’ at next meeting to decide on interest rates

Household savings in low interest demand deposit accounts declined by €962m in the year, Central Bank reports

The best news, analysis and comment from The Irish Times business desk

Q&A: It is very good news for those on tracker mortgages

Central bank’s policymakers lower deposit rate to 2.75 per cent from 3 per cent, giving tracker mortgage holders here an instant boost

Frankfurt policymakers expected to cut interest rates by another 25 basis points to 2.75 per cent on Thursday

Cork couple agree to mediation in case where they say 8.5% home mortgage interest rate charged by Pepper is ‘excessive’

Almost 87% of Irish household savings held in on-demand or current accounts earning average of 0.14%

Further rate cuts risk adding fuel to demand in an already-inflated housing market , where what is required is lower prices, not higher ones

Chief economist points to dangers of borrowing costs that remain ‘too high for too long’

AIB leads the three main lenders yet clouds may be on the horizon

Gabriel Makhlouf says disinflation process remains on track while warning economic outlook remains uncertain

European Central Bank on course to cut rates to 1.75 per cent next year

Latest cut from eurozone’s central bank will put pressure on banks to lower variable and fixed rates

Little change in savings rates, monthly survey shows, while rates on non-mortgage borrowing jumped

Improving debt liquidity, the stabilisation of yields and a narrowing of the bid-ask spread will lead to more activity

ECB chief economist Philip Lane says focus needs to be ‘driven by upcoming risks rather than being backward-looking’

Price pressures surpass European Central Bank’s target for first time since August

Food prices have risen 0.3% in November, and by 1.7% over last 12 months

Move puts lender’s rates close to rival AIB as analysts expect European Central Bank to cut interest rates again in December

Central bank chairman warns path to a reduction in inflation will be ‘bumpy’

Call for better financial education as Competition and Consumer Protection Commission finds women, lone parents and unemployed have worst understanding of finance

Rates favour more energy efficient homes but savings of up to €7,405 are available to many homeowners

US rate cut follows move earlier by Bank of England which signals that further reduction is unlikely before next year

Only one in eight of the 208,000 property owners thought eligible has applied for relief announced in Budget 2024

The bank said that it will pay an interim dividend of 35c to shareholders next week