Rates predicted to stay lower for longer

Interest rates are likely to stay unchanged or even to be cut next year, a leading fund manager has predicted.

4th December, 2004

Interest rates are likely to stay unchanged or even to be cut next year, a leading fund manager has predicted.

Andrew Milligan, head of global strategy at Standard Life, which has €3.3 billion in Irish assets under management, said the rise in the euro could make it less likely that the European Central Bank will move on rates.

The European Central Bank was now more likely to leave rates unchanged or indeed cut rates than...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago