Constantin Gurdgiev: Long-term Fed path may force ECB to act Positives for Ireland, but 'normalisation' in US may lead to higher euro zone rates Constantin Gurdgiev December 15, 2016 US Federal Reserve Board Chair Janet Yellen holds a news conference after the central bank announced an increase in the benchmark interest rate. Pic: Getty Insight Analysis & Opinion LATEST NEWS17:45Movers and shakers: AIB, Lidl, Pepper Advantage, Collen17:42Mark Anthony Brands grows presence with One Charlemont Square lease17:39Extended East Wall four-bed with parking guides €595,00017:37Hotels take the spotlight as CRE industry rebounds and gears up for a busy second half of 202417:35Just what the doctor ordered: period delight on the River Eske17:35Cut-stone gem in Carlow with AMV under €700k