Rates to ease off ‘at end of year’

FALLING oil prices look set to lower EU inflation and may cause rates to peak at 3.75% in the New Year.

Rates to ease off ‘at end of year’
Thu, 19 Oct, 2006 - 01:00
Brian O'Mahony, Chief Business Correspondent

Economists believe that a further interest rate hike in December looks inevitable.

They are less certain about rates being hiked again in early 2007 to 3.75%.

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