Interest Rates | Business Post

Mortgage interest rates may be rising, but that doesn’t mean you should rule out switching

The rates available to Irish borrowers still vary, so it’s worth reviewing what you’re paying

Bank of England presses pause on interest rate hikes

Pause follows 14 rises in a row, taking the base rate from 0.1 per cent to 5.25 per cent

Evening markets wrap: stocks up as CRH bids farewell to Irish exchange

Building materials giant was up 1.5% ahead of move to the US, while Smurfit Kappa had another turbulent day amid a US merger

Lack of competition explains banks’ reluctance to improve savings rates – Central Bank chief

Gabriel Makhlouf says bank would like to see lenders move quicker to pass ECB interest rate hikes onto savers

Unexpected drop in British inflation rates raises chances of end to BoE rate hiking cycle

The data is a relief for the UK, which for months has had the worst inflation problem in the G7

NYU economist urges ECB, BoE to keep hiking rates to counter ‘stagflation’ fears

Famously pessimistic Nouriel Roubini said any talk of easing monetary policy is premature in light of oil price increases

Risk of downturn as ECB sticks with increasing interest rates

In just over a year, the ECB has increased interest rates from minus 0.5 per cent to 4 per cent in a bid to deal with inflation and it has played down any prospects of a reversal of this policy

Irish mortgage holders brace for further pain as interest rates rise again

More pain is in store for mortgage holders and there’s an increased risk of more of them going into arrears

ECB hikes interest rates again in further bid to curb inflation

New forecasts by ECB staff presented on Thursday had been billed as a key source of input for the decision

Markets and policymakers split on ECB’s next interest rate move

Data supporting a pause would include mounting evidence of a slowdown taking hold across the region’s economy.

Ellie Donnelly: Consumer spending driving US economy but demand to come under pressure

The chances of a recession may have decreased but that doesn’t mean that the good times can last forever

Italian central banker Ignazio Visco says ECB is near the end of rate-hiking cycle

The Italian’s comments are possibly the last from ECB governing council members before the bank’s next interest-rate decision on September 14

Irish lenders slower to pass on deposit rate increases, central bank confirms

New research found significant variation across loan and deposit products in Ireland compared with Europe

ECB’s Klaas Knot warns markets could be underplaying chance of further rate hikes

The ECB deposit rate is now at 3.75 per cent — on the verge of climbing to a record high.

ECB chief economist signals inflation will fall in autumn

Philip Lane offered cautiously optimistic take on inflation

All eyes on ECB ahead of interest rate decision

In the past year it has hiked rates more than 4 per cent to counter inflation, but with signs of the eurozone economy slowing down it may take the foot off the pedal

Consumer supports top the agenda of McGrath’s meeting with banks

Finance minister has met with lenders to discuss how the sector can better support consumers struggling with high interest rates

Permanent TSB becomes the latest bank to hike consumer deposit and savings rates

The lender said it will increase its rate on its three year fixed-term deposit accounts to a new high of 3 per cent

ECB mulls next move as eurozone confidence slips again

European Commission sentiment gauge declined for the fourth consecutive month to 93.3

Personal Finance

Irish savers losing out on €5bn per year due to ‘paltry’ deposit rates

Nearly €140 billion of demand deposits earn as little as 0.04 per cent to 0.28 per cent in interest