BoI: 0.25% rate hike in April possible

AN ECB interest rate hike of 0.25% in April is a distinct possibility while the money markets have priced in two further increases before the year end.

In its latest bulletin, Bank of Ireland accepts ECB rates are on the way up given they have been at historic lows for so long.

But its chief economist Dan McLaughlin, questions whether the ECB will make three rate changes of 0.25% as the markets are currently saying.