THE GOVERNING COUNCIL of the European Central Bank has left the bank’s main interest rate unchanged at 0.75 per cent. There had been some speculation in recent days that the ongoing uncertainty about the future of the eurozone could have prompted a cut to the rate. ECB president Mario Draghi will give a press conference later at which he may discuss the possibility of a new bond-buying programme.
# interest-rates - Wednesday 18 December, 2013
# interest-rates - Friday 8 November, 2013
A report from the Central Bank has found that there has been no significant change in the moneylending sector since 2007.
# interest-rates - Friday 6 September, 2013
Yesterday, Mario Draghi said the ECB is alert to geopolitical risks that may come out of the Syrian situation and said that the caution expressed about recovery was warranted.
# interest-rates - Thursday 18 July, 2013
The €500 million sale of three-month Treasury Bills achieved an interest rate of 0.2%, the same as last month.
# interest-rates - Thursday 4 July, 2013
Mario Draghi says ‘market volatility’ is the reason for commitment as Bank of England makes similar assurance.
# interest-rates - Thursday 6 June, 2013
Mario Draghi says the eurozone economy should stabilise over the rest of the year, but low rates are still needed for now.
# interest-rates - Sunday 2 June, 2013
The National Treasury Management Agency has announced new issues of fixed rate State Savings products as well as changes to the interest rates on variable rate products.
# interest-rates - Wednesday 22 May, 2013
The banks would lose more if they lowered their mortgage interest rates below the current amounts, the minister says.
# interest-rates - Sunday 19 May, 2013
Many sensible individuals are now rightly worried about the security of their savings and investments, writes David Quinn who says diversification is key.
# interest-rates - Saturday 4 May, 2013
Breaking via The Mire wire: Peter Mathews takes himself hostage and the Womb Repossession Bill takes centre stage.
# interest-rates - Thursday 2 May, 2013
Falling inflation around the eurozone – particularly in Germany – means big decisions from Draghi and co.
# interest-rates - Tuesday 30 April, 2013
Patrick Honohan will discuss economic and monetary union with TDs and senators on the Oireachtas EU Affairs Committee this afternoon.
# interest-rates - Monday 29 April, 2013
From this week, interest rates will vary for new customers depending on the amount they borrow and the value of the house.
# interest-rates - Thursday 4 April, 2013
The head of the European Central Bank was speaking as the eurozone’s central bank left interest rates unchanged at 0.75 per cent today.
Good morning! Here’s what you should know as you kick off your Thursday. (It’s a four-day week, hang in there.)
# interest-rates - Sunday 3 February, 2013
The amount has increased significantly over the past three years as people sought safe places to put their money.
# interest-rates - Wednesday 19 December, 2012
Enda Kenny regrets Bank of Ireland’s decision on credit card rates, but says the issue is one for the Financial Regulator.
The rate increases, which had been advertised in October, kicked in yesterday – only a week before Christmas.
# interest-rates - Saturday 13 October, 2012
Central Bank figures also show the average interest rate on an outstanding mortgage has fallen 0.22 per cent since January.
# interest-rates - Thursday 4 October, 2012
The benchmark interest rate has been left untouched by the European Central Bank.
# interest-rates - Thursday 6 September, 2012
# interest-rates - Thursday 2 August, 2012
The ECB president says his bank wants to save the euro, but it can’t exceed the boundaries of what it’s allowed to do.
# interest-rates - Monday 23 July, 2012
We’re not surprised any more by unscrupulous behaviour by banks – but HSBC’s actions are as bad as it gets, writes Nick Leeson.
# interest-rates - Wednesday 18 July, 2012
Reports on Monday suggested that Ireland will see one in every four of its bank branches shut within two years.
# interest-rates - Friday 6 July, 2012
The bank noted that its 0.35 per cent reduction is greater than the European Central Bank cut.
# interest-rates - Thursday 5 July, 2012
Things we learned, loved and shared today.
Tracker mortgage customers will see their rate adjusted as per the ECB change – but what about other mortgage holders?
# interest-rates - Monday 2 July, 2012
David Cameron announced the inquiry in parliament this morning over the major scandal involving inter-bank lending rates.
# interest-rates - Saturday 30 June, 2012
How many people were murdered in Ireland last year? And how much Coke would you need to get drunk?
# interest-rates - Wednesday 27 June, 2012
New data shows German inflation at its lowest for 18 months – meaning less pressure on the ECB to keep rates up.
# interest-rates - Wednesday 6 June, 2012
But Mario Draghi says Ireland’s vote is a welcome affirmation of its priorities, and that market access could be close at hand.
# interest-rates - Friday 1 June, 2012
# interest-rates - Thursday 3 May, 2012
THE EUROPEAN CENTRAL BANK has left its key interest rate unchanged at 1 per cent for the fifth month in succession, at its monthly board meeting held in Barcelona. ECB president Mario Draghi said the governors had not discussed the possibility of lowering the rate. Draghi was not asked about any progress on discussions regarding Ireland’s promissory note burden during his press conference.
# interest-rates - Wednesday 11 April, 2012
The lender had been criticised for keeping its variable mortgage rates higher than other state-owned mortgage lenders.
# interest-rates - Wednesday 4 April, 2012
The European Central Bank is set to keep interest rates at the record low of 1 per cent later today.
# interest-rates - Thursday 8 March, 2012
As expected, the monthly meeting of the ECB’s governing council decides not to tinker with the main interest rates.
# interest-rates - Thursday 5 January, 2012
The Department of Finance says lenders have been told to apply mortgage interest relief with effect from January 1st.
# interest-rates - Thursday 8 December, 2011
In tonight’s Fix: what have Sarkozy and Kenny been saying today; what does the interest rate cut mean for mortgage holders; and who has had some harsh words for Roy Keane?
AIB says its funding costs are not driven by the ECB’s own rates – and that it needs to ensure it makes money for the taxpayer.
The bank is expected to announce its second rate cut in five weeks as EU leaders travel to Brussels for a eurozone crisis summit.