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’
Decline comes amid expectations of further interest rate cuts from European Central Bank
Concern as one-third of Irish staff in EU roles due to retire by 2026 with associated loss of influence
Growth in negotiated wages slowed to 3.55% from the previous 4.74% mark
Economics, although important, tend to be trumped by culture
‘Good degree of confidence’ that inflation is on the way back to 2 per cent
European Central Bank cuts rates but several data sets point in wrong direction and make further cuts far from predictable
ECB chief economist Philip Lane brushes off fears that loosening euro-zone monetary policy before US Fed could backfire
Union hits out at warning by bank’s chief economist that retirement wave risks diluting Ireland’s presence
State hosted European Central Bank governing council meeting in May 2007, before the global financial crisis
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
Planet Business: Toblerone leaves the Matterhorn behind, Elon Musk makes rare apology and why the only way is up, still, for interest rates
Sale comes against backdrop of high inflation and rising borrowing costs around the world
ECB chief economist Philip Lane links surprise strength of goods inflation to corporate profitability
Euro zone governments will have to take on a bigger role in fighting off inflation, ECB chief economist says
European Central Bank indicates likelihood of several years for salaries to adjust fully to recent shocks
Philip Lane warns interest rates will still need to be raised again, as prices surge across OECD countries
RIA president commends scholarly achievements, international distinction, contributions to Irish society
Great unknown hanging over markets is how long the war in Ukraine will last
Cantillon: Inflation beyond energy and food less evident in EU than US but signs are there
Hawkish shift comes after euro zone inflation hits record 7.5%
AIB is emerging from the pandemic in a strong position given its earnings potential and rising interest rates
Energy remains the dominant driving force in rising prices across euro zone, followed by food, alcohol and tobacco
Inside Politics: There is a growing sense that not everything can be solved by unconstrained Government intervention
Smart Money: Ukraine war has pushed up inflation and central banks are under pressure to act
ECB chief economist’s remarks underline growing consensus on monetary tightening
The pandemic has been overtaken by a cost-of-living crisis that shows no sign of abating
Business Comment: Philip Lane’s soothing tone look out of tune now as nervy markets react
The cost-of-living squeeze is likely to raise the political temperature
Market Beat: Policy-makers face difficult choices as they track the path of the virus
Price growth is being driven by energy prices and supply chain disruption
Cantillon: Word is Belgium and Ireland will launch large bond deals by end of the week
Isabel Schnabel says low-carbon economy poses upside risks to inflation projections
Cantillon: ECB chief economist says current price growth is part of pandemic cycle
If workers start demanding better pay we could get a wage-price spiral
Irish inflation reached 14-year high in October, according to CSO
European Central Bank’s chief economist insists inflation rate is still too low over the medium term
CSO draws parallel between Covid build-up of savings and fate of SSIA funds
Banks approach Rubicon of charging customers for deposits below €1m mark
Internal model suggests euro zone interest rates could go up in two years, closing gap with forecast move by Fed
New monetary-policy strategy lays ‘strong foundations for future decision-making’
Policy gaps remain, including weak systems for co-ordinated fiscal response to any crisis
Crosswords & puzzles to keep you challenged and entertained
Inquests into the nightclub fire that led to the deaths of 48 people
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices