interest

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>A decline in German manufacturing counteracted growth in the country's services sector. Picture: iStock</p>

economy

Eurozone business activity grinds to a halt amid surprise slump in Germany

S&P Global’s composite PMI fell to 50.1 in July, attributed to the lack of growth of business activity in Germany and France

<p>The Commission on Taxation stated it "does not recommend the use of tax incentives in order to stimulate the supply of housing.” </p>

economy

Neil McDonnell: Reviewing tax policy must be a priority in tackling the housing crisis

<p>Federal Reserve chairman Jerome Powell said the Fed's path forward is uncertain. Picture: José Luis Magana/AP</p>

economy

Fed holds rates steady, flagging 'lack of progress' on inflation

Full frame photo of weathered flags of Israel and Iran painted on a cracked wall. Iran-Israel proxy conflict, war or cold war co

economy

Iran-Israel conflict puts focus back on oil and gas, but unlikely to delay ECB rate cuts

Gold Bullions in Thailand as Gold Set for Weekly Gain as US Inflation Cooler Than Forecast

economy

Gold prices surge again on prospects for US rate cuts

economy

Federal Reserve policymakers stick to rate cut roadmap

Mid-year interest rate cut expected 'despite blow to spring hopes'

US economy is predicted to be on course for a soft landing, and eurozone and UK inflation is expected to fall further

Mon, 12 Feb, 2024

David McNamara: US fiscal credibility facing scrutiny as election season begins

The tax and spending plans of incumbent Joe Biden and his rival Donald Trump will come into focus in the coming months

Mon, 12 Feb, 2024

Drop in construction softens in January as demand for new homes continues

Construction employment increased for the second month in a row, and at a solid pace that was the fastest in almost a year

Mon, 12 Feb, 2024

EY: Jobs boost will help Ireland's economy to grow 2.2% this year

EY predicts the Republic’s economy will expand by 2.2% this year, and that the North's economy will grow by 0.7%

Thu, 08 Feb, 2024

Kantar: Irish grocery price inflation is just under 6%

The market researcher's data suggests that grocery price inflation is still running ahead of the general inflation rate

Tue, 06 Feb, 2024

Central Bank head Makhlouf rejects claim that Irish banking market is 'dysfunctional'

Speaking to the 'Irish Examiner', Gabriel Makhlouf discusses the timing of rate rises and cuts, competition in Irish banking, the danger of stoking up inflation, and factors behind Ireland's housing shortage

Sat, 03 Feb, 2024

ECB faces further scrutiny this week on timing of first rate cut

Consumers in Ireland and the US appear to anticipate better news in 2024 as energy, grocery, and petrol price inflation eases, the latest Credit Union Consumer Sentiment Survey suggests

Mon, 29 Jan, 2024

Centra MD Ian Allen identifies soaring business costs as sales rise to a record €2.1bn

Centra's managing director says their record year was boosted by 10 new store openings — but that energy prices, interest rates, theft, and staff costs were affecting retailers' margins

Mon, 29 Jan, 2024

Ireland's GDP contracts in final three months as exports engine splutters

The domestic economy is nonetheless still likely to be in better health than the GDP numbers suggest

Fri, 26 Jan, 2024

Irish mortgage experts warn of tough decisions as ECB meets

Markets are betting the ECB will have reduced rates by 1.5% by the end of the year, but will hold fire for some months yet

Thu, 25 Jan, 2024

Ireland's economy will be sluggish in 2024 if forecasts prove true

Ireland’s GDP dropped by 1.9% between July and September, the fourth quarter in a row where a contraction was recorded

Fri, 22 Dec, 2023

Borsa (Italian Milan Stock Exchange) entrance

Italy bond yields plummet as ECB rate cut expectation builds

Investors expect the ECB to cut the rate by more than 1.5% next year but officials say markets are getting ahead of themselves

Thu, 21 Dec, 2023

Drumbeat for ECB interest rate cuts restarts as bond yields fall

Calls for interest cuts come as government debt markets reflect on slowing eurozone inflation

Tue, 19 Dec, 2023

Kieran Coughlan: Time to examine the rates of interest you are paying

The edging up of deposit interest rates is good news, but of little comfort to borrowers whose costs have been steadily rising

Mon, 04 Sep, 2023

State Savings interest rates rise as Prize Bond fund nearly trebles

Under the new structure, the top monthly prize now stands at €500,000 up from €250,000. The top weekly prize is now €50,000

Fri, 01 Sep, 2023

ECB and US 'higher for longer' rates mantra will test markets

Jerome Powell said the Fed would raise rates further if appropriate, while Christine Lagarde held back from saying IF the ECB should lift interest rates for a 10th time

Sun, 27 Aug, 2023

ECB is expected to deliver one last rate hike next month

In a separate report, Germany’s economy ministry warned a 'generally expected recovery still failed to materialise in early summer'

Mon, 14 Aug, 2023

Minister reacts to Dublin Business School social care course

'They can't have it both ways' — Harris blasts banks for failing to pass rate rises on to savers

Simon Harris says 'people feel they're getting fleeced' as mortgage holders are hit by increased rates but savers have yet to see meaningful rate rises

Sun, 13 Aug, 2023

Irish manufacturing sends out a warning ahead of two key Government forecasts

AIB Irish Manufacturing Purchasing Managers’ Index warns that factory activity has fallen at its sharpest rate since the depth of the pandemic

Mon, 03 Jul, 2023

Eamon Quinn: ECB faces credibility test as it tries to tame inflation with interest rate hikes

Critics question the ECB's strategy as it signals it may approve further rate rises when it next meets on June 15

Sun, 04 Jun, 2023

Irish SMEs expect economic climate to worsen this year

Small firms report pressure due to surging costs but also the difficulties they face in recruiting staff, according to Azets

Thu, 11 May, 2023

Delaying mortgage relief support until the budget a ‘nonsense’, Sinn Féin warns

Raising the issue in the Dáil on Thursday, Mr Doherty accused the Government of “washing its hands” of under-pressure mortgage holders.

Thu, 04 May, 2023

Stephen Hamilton: Mortgage holders to endure more pain in the short term

Another interest rate hike this week could add more than €600 in annual repayments for those on a tracker mortgage

Mon, 01 May, 2023

European Central Bank, Frankfurt am Main, Germany

Financial markets predict ECB rates will top 3.3% by October

Three European Central Bank policymakers have restated the case for the ECB to raise interest rates further

Fri, 17 Mar, 2023

Mortgage repayments up €100 a month due to rising property prices, according to new report

Ireland's mortgage market grew strongly in the first half of 2022, with drawdowns up 17% to 21,895, the most since 2009

Fri, 18 Nov, 2022

Q&A: What does the ECB's interest rate rise mean for Irish mortgage holders?

Irish families, like those all over Europe, are braced for a sudden rise in their homeloan repayments. Here is how it happened and what you need to know next

Fri, 22 Jul, 2022

Michael Dowling: Mortgage borrowers should fix at truly long rates to beat ECB hikes

Most of us cannot hedge against rises in groceries, utilities, or fuel — but there is an opportunity to cushion ourselves against rising interest rates

Mon, 02 May, 2022

Merkel Meets With International Economic Institutions Leaders

Keep interest rates low despite energy price hikes, IMF urges

Kristalina Georgieva's comments chime with those of the ECB's Christine Lagarde amid the upbeat mood in the eurozone

Mon, 06 Dec, 2021

IFAC sounds warning on budget spend

An increase in interest rates and a reduction in corporation tax receipts, as well as a constant overrun in budgets like health, could leave the country “in a position we do not want to go back to” if a slowdown in the economy occurs.

Thu, 20 Sep, 2018

Sport may be an opium of the people – but it matters

Many on the political left, including the linguist and philosopher Noam Chomsky, view sport as serving the interests of capitalism, in part by entertaining, pacifying and disciplining the working class, writes Jon Dart.

Fri, 06 Jul, 2018

Era of ‘helicopter money’ has landed, time for alarm

There are some strange things going on in financial markets around the world at present. In Japan, they are thinking about issuing bonds from the government to finance infrastructure. That, in itself, is not unusual but the drop dead point is that these bonds will be purchased by the Japanese Central Bank on a non-redeemable basis. In plain language that means they need never be repaid. It is the best example I can find of so-called ‘helicopter money’ which is effectively free finance.

Wed, 31 Aug, 2016