Market Talk

20th September, 2015
4
Michael Noonan: frustrated

Noonan on the losers’ side in struggle with the banks

When it comes to wielding sticks with banks to change policy, many have tried to clobber them, but few have found themselves on the winning side. Minister for Finance Michael Noonan was on the losing side again last week, after waging a summer-long campaign to drive down the cost of standard variable interest rates.

The last man to attempt to tackle the...

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