Inflation Higher for longer: How businesses are struggling with sky-high costs even as inflation easesInflation has begun to cool as interest rate hikes take effect but energy, food and wage costs remain significantly higher than before - and are unlikely to fall
SMEs Two thirds of SMEs yet to apply for business cost grant ahead of May 1 deadlineEligible firms receive a once-off payment to offset the increased cost of doing business
Economy Banking federation says small firms must adjust profit expectations due to rising costsThe government needs to move away from subsidising SME expenditure for the sector to grow, according to Banking & Payments Federation Ireland
Economy BOE may cut rates before the Fed as UK inflation creeps closer to 3%Bank of England governor struck a different tone Tuesday, noting a ‘divergence’ between the US economy and those in Europe
UK Rate cuts are the Bank of England’s ‘direction of travel’, says new deputy governorClare Lombardelli will formally join the Bank of England from the OECD in July
Hospitality Over 200 restaurants closed in first three months of year at cost of €288m to stateRestaurants Association of Ireland says that 400 closures this year would cost the state more money than returning VAT to 9 per cent
Markets Current disinflation is ‘necessarily bumpy’ - Philip Lane The chief economist at the European Central Bank told an event in Dublin that he was confident inflation would retreat back 2 per cent
Stock Take Waning of inflation boosts Tesco and supermarket peersA significant weakening of inflation over recent months has set the retailer up for a strong year
Economy Analysis: Stage is set for ECB to be the reluctant hero in interest rate waiting game US inflation rose more than expected in March, indicating that perhaps the Fed will have to follow Europe’s lead in cutting interest rates
Interest Rates ECB holds rates but gives clear signal on starting cuts in JuneThe Governing Council of the European Central Bank has kept interest rates at a record 4 per cent after meeting in Frankfurt
Inflation Inflation fell below 3% in MarchRecreation and culture and restaurants and hotels saw the largest annual price growth
Economy US inflation tops forecasts once more, likely delaying Fed rate cutUnderlying inflation grew to 3.5 per cent in March, boosted by higher energy prices
Economy Mortgage interest growth slowed in February with rate cut ‘relief’ on the horizon Newly agreed mortgages came with an average interest rate of 4.29 per cent as Irish consumers continue to pay more than their EU counterparts
Companies Turnover and profit fall at Dairygold due to ‘significant’ decline in market returnsOperating profit at the Cork-headquartered co-op fell to €23.9 million
Interest Rates ECB deposit rate to ‘hit 2.25 per cent by late 2025’The European Central Bank is expected to start a slow but steady series of rate cuts from summer onwards as inflation eases
Inflation Analysis: As inflation slows, will the ECB finally climb down on interest rates next week?Julien Lafargue, chief market strategist at Barclays Private Bank, said that the ECB appears ‘ready to go’ on cuts
Economy Consumers spent €25 million on Easter eggsThe price of groceries rose by 3.7 per cent in the 12 weeks to March 17
Inflation Inflation fell to below 2% last month - CSO flash readingHarmonised Index of Consumer Prices grew by 1.7 per cent in the 12 months to March
Economy Consumers expect Eurozone to contract in next year - ECBConsumers expect prices to rise by 3.1 per cent in the next year - down from 3.3 per cent