Ian Guider: Little or no incentive for AIB or Bank of Ireland to pass on rate cuts

Lack of competition in Irish market means there is nothing to force main banks to reduce burden on mortgage holders

Will the Irish banks actually pass on cuts when they do happen? Don’t bet on it.

One of the key parts of being a board member of the European Central Bank, or any central bank, is to make a lot of speeches.

Few are going to win any oratory prizes. They are, though, in their own way, very important for the signals those charged with monetary policy decisions send out about future actions on interest rates. We’ve been inundated in the last few weeks with central bankers giving their views about ...