European Central Bank | Business Post

Eurozone succumbs to mildest of recessions after energy shock

The economy shrank by 0.1 per cent between January and March, revised data showed Thursday, adding to a fourth-quarter decline of the same magnitude

Government weighs mortgage relief to help ease pain from rate hikes

But the reintroduction of relief, which was phased out in 2020 can’t be “promised”, Leo Varadkar said

European Central Bank raises interest rates by 0.25% to further tackle inflation

Officials on Thursday raised the deposit rate by a quarter-point to 3.25 per cent, following three moves of double that size

Michael McGrath warns European Central Bank of ‘real life’ impact of interest rate hikes

While McGrath said he isn’t seeking to tell the ECB what to do, it is unusual for finance ministers to offer even thinly veiled commentary on monetary policy

Inflation means more rate hikes coming in July and August, ECB member says

Klaas Knot, the Dutch central bank chief, tells Irish Times it is ‘too early to talk about a pause’ amid still-high inflation

Three factors determining if European Central Bank will hike interest rates again - Lane

The ECB has raised interest rates by a collective 350 basis points since July 2022 in a bid to tackle soaring inflation

European bank stocks fall after UBS agrees to buy Credit Suisse

European Central Bank, US Federal Reserve and four other central banks announced coordinated action on Sunday to boost liquidity in US dollar swap arrangements

European Central Bank delivers half-point interest rate hike

Despite warning that inflation is set to remain ‘too high for too long’, ECB officials declined to give guidance on what they’re likely to do when they next set borrowing costs

Finance Ireland mortgage interest rates jump above 6% after latest price hike

The move is in response to the rise in European rates, which have surged in recent months

Deputy Central Bank governor Sharon Donnery in the race for top European banking job

Donnery has been tipped to take over as the chair of the body overseeing the European Central Bank

Interest rates will rise again in February and March, Central Bank chief says

Gabriel Makhlouf says interest rates will rise at the next two meetings of the ECB, but says there is ‘uncertainty’ about policy decisions after that

Irish mortgage rates third-lowest in eurozone last November, but increases on horizon

New figures show the average interest rate on new Irish home loans remained at 2.57% last November, but figures largely predate hikes from big Irish lenders

Philip Lane expects pay rises will cause a ‘second round’ of inflation in Europe

The ECB chief economist also expects further interest rate hikes

Eurozone inflation finally slows in sign of hope for European Central Bank

Prices in Ireland increased an estimated 9 per cent in the 12 months to the end of November compared to a 9.4 per cent increase the previous month

Bank of Ireland increases rates on fixed mortgages by 0.25%

The lender is the second of the three main banks to increase its mortgage prices

Ibec expects interest rates to double again

The central European rate has already increased at a record pace since July

AIB - High interest rates are a return to normal

Tracker mortgage customers face higher costs following the latest European Central Bank increase

Bank of Ireland confirms tracker mortage hike after ECB interest rates rise

The European Central Bank this afternoon had doubled its key interest rate to the highest level in more than a decade

Major lender Finance Ireland suspends long-term mortgages as interest rates climb

Finance Ireland said it plans for the move to be temporary

New mortgage rates nearly double at one of Ireland’s biggest lenders

Finance Ireland’s price increase is in response to the European Central Bank hiking rates