Cowen must resist spending pressures
Interest rates will go up again this week, the fourth increase since last December.
Interest rates will go up again this week, the fourth increase since last December. So far, three increases have had no impact on house sales whatsoever. Figures to be published tomorrow by the Central Bank are expected to show that borrowing to buy houses and for other purposes continues to soar. The ‘‘buy now, pay later’’ culture means that people are willing to take on big loans, often on an interest-only basis, as they strive...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine