Banking Analysis: As rate cuts loom will AIB’s net interest income hold up or ‘sink like a stone’?State officials warned ECB rate cuts could hurt AIB’s profits. We asked experts how the bank is faring as the prospect of interest reductions draw near
Banking AIB Group announces 50 per cent increase to mortgage switcher paymentWeeks after cutting its rates for green mortgages by 0.2 percentage points AIB has announced switchers will be paid €3,000
Banking Profits at Bank of America’s Irish arm surgeThe US investment bank employs more than 1,000 people in Dublin, which acts as its European headquarters
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
Interest Rates ECB to hold with first rate cut locked in for June – pollJust one of 62 economists predicted a cut to interest rates when the European Central Bank meets today
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
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
Housing Falling interest rates and increased output may end run of rising house pricesHousing prices nationally rose by an average of 1.8 per cent in the first three months of 2024
Interest Rates Philip Lane: ECB to make ‘judgement call’ on interest rates soonPhilip Lane said that he expected inflation to stabilise at 2 per cent in the next year
Stock Take Analysis: Lagarde faces career-defining 12 months as pressure mounts on ECB to cut ratesThe former French politician must take the lead on cutting interest rates to save the Eurozone economy from recession
Banking PTSB announces reduced mortgage rates for new customersDecrease is not likely to trigger further interest rate cuts across the market, with the ECB not expected to reduce interest rates until June
Banking Bank of Japan raises interest rates for first time since 2007Central bank set a new policy rate range of between 0 per cent and 0.1 per cent, shifting from a -0.1 per cent short-term interest rate
Business Post's View Removal of rent caps secret to unlocking delivery of 50,000 homesJust when this current government feels like it is beginning to make progress on housing, worrying news emerges to show it is nowhere near enough.
Interest Rates Gabriel Makhlouf hints at ECB interest rate cut in JuneThe Central Bank governor signalled a cautious outlook ahead for cutting interest rates
Interest Rates ECB must cut rates twice before summer break, Yannis Stournaras saysThe European Central Bank governing council member said Europe should not wait for the US to move on interest rates before making a cut
Banking Irish mortgage holders continue to pay more than European counterpartsIrish mortgage holders were paying on average 0.31 percentage points more than the European rate in January
Economy To cut or not to cut: ECB governors on when to slash interest rates Officials on the bank’s governing council are backing cutting rates from June, with some leaving the door open to reductions from April
Economy ECB holds interest rates above 4% despite improved inflationary outlookMarch meeting marked the fourth time the lender has rates after a marathon stream of interest increases
Banking AIB to return €1.7bn in cash to shareholders after posting record profits of more than €2bnThe lender confirmed it is also in talks with the government to launch a €1bn targeted share buyback scheme this year