EU Eurozone succumbs to mildest of recessions after energy shockThe 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
Interest Rates Government weighs mortgage relief to help ease pain from rate hikesBut the reintroduction of relief, which was phased out in 2020 can’t be “promised”, Leo Varadkar said
Economy 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
Economics Michael McGrath warns European Central Bank of ‘real life’ impact of interest rate hikesWhile 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
Economics Inflation means more rate hikes coming in July and August, ECB member saysKlaas Knot, the Dutch central bank chief, tells Irish Times it is ‘too early to talk about a pause’ amid still-high inflation
Interest Rates 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
Banking European bank stocks fall after UBS agrees to buy Credit SuisseEuropean Central Bank, US Federal Reserve and four other central banks announced coordinated action on Sunday to boost liquidity in US dollar swap arrangements
Economy 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
Housing Finance Ireland mortgage interest rates jump above 6% after latest price hikeThe move is in response to the rise in European rates, which have surged in recent months
Economics Deputy Central Bank governor Sharon Donnery in the race for top European banking jobDonnery has been tipped to take over as the chair of the body overseeing the European Central Bank
Economics Interest rates will rise again in February and March, Central Bank chief saysGabriel Makhlouf says interest rates will rise at the next two meetings of the ECB, but says there is ‘uncertainty’ about policy decisions after that
Lending Irish mortgage rates third-lowest in eurozone last November, but increases on horizonNew 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
Inflation Philip Lane expects pay rises will cause a ‘second round’ of inflation in EuropeThe ECB chief economist also expects further interest rate hikes
Economy Eurozone inflation finally slows in sign of hope for European Central BankPrices 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
Banking 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
Economics Ibec expects interest rates to double againThe central European rate has already increased at a record pace since July
Finance AIB - High interest rates are a return to normalTracker mortgage customers face higher costs following the latest European Central Bank increase
Inflation 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
Finance Major lender Finance Ireland suspends long-term mortgages as interest rates climbFinance Ireland said it plans for the move to be temporary
Property New mortgage rates nearly double at one of Ireland’s biggest lendersFinance Ireland’s price increase is in response to the European Central Bank hiking rates