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Fabio Panetta, the Governor of the Bank of Italy

ECB to keep flexible approach as war heightens risks

The European Central Bank will keep a flexible approach to monetary policy decisions against a backdrop where the conflict between Israel and Iran compounds risks from Washington's trade policy, a top policymaker said today.

Business • 18 Jun

Sweden's Riksbank said today that mild inflationary pressures gave it room to boost weak economic growth

Sweden's central bank cuts key interest rate to 2%

Sweden's central bank cut its key interest rate to 2% from 2.25% as expected today, saying mild inflationary pressures gave it room to boost weak economic growth.

Business • 18 Jun

ILCU CEO David Malone said its members mortgage lending is expected to reach €1bn in the near future

ILCU loan book passes €6bn for first time since 2008

The combined loan book of Irish League of Credit Unions members surpassed €6 billion by the end of March.

Business • 17 Jun

Avant Money cuts mortgage rate below 3%

Avant Money has announced interest rate reductions on its new Flex Mortgage product, with rates now starting from just 2.98%.

Business • 05 Jun

Donald Trump has repeatedly criticised Fed chair Jerome Powell as he's called for US interest rates to be cut

Trump again calls for Fed to cut US interest rates

US President Donald Trump has redoubled his calls for Federal Reserve Chair Jerome Powell to lower interest rates, noting that payroll processing firm ADP reported that job creation slowed in May.

Business • 04 Jun

The ECB has warned that economic growth will take a big hit from US tariffs, bolstering bets for even more policy easing in the months ahead

ECB's fight against inflation nearly over, accounts show

Euro zone inflation is nearly defeated and trade tensions could weigh on price in the short term, even if a trade way may be inflationary further out, ECB policymakers argued last month, according to the accounts of their April 16-17 meeting.

Business • 22 May

The European Central Bank is to make an interest rate decision in June

ECB's Knot says inflation picture for June still unclear

ECB policymakers will need to get a clearer picture of the effects of US and EU trade policies on inflation before they can decide whether interest rates need to be cut in June, ECB governing council member Klaas Knot said.

Business • 20 May

The People's Bank of China today cut two key interest rates to historic lows

China's central bank cuts two key rates to historic lows

China's central bank has today cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the US.

Business • 20 May

Michele Bullock, the Governor of the Reserve Bank of Australia

Australia central bank cuts rates to 2-year low of 3.85%

Australia's central bank has today cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and cooling inflation at home, though it also remained cautious on further easing.

Business • 20 May

Markets now see a roughly 90% chance of an ECB rate cut on June 5

ECB may be nearing end of rate cuts, trade war a risk

European Central Bank interest rates may be close to bottoming out but uncertainty was high and the environment was prone to sudden changes that could also alter the policy outlook, ECB policymaker Martins Kazaks said today.

Business • 16 May

Norges Bank kept interest rates on hold at a 17-year high of 4.5% today

Norway holds interest rate steady at 4.5%

Norway's central bank kept interest rates on hold at a 17-year high of 4.5% today, as unanimously predicted by analysts, reflecting a resurgence of inflation that has prevented policy-makers from cutting borrowing costs.

Business • 08 May

The Bank of Japan kept interest rates steady today

Bank of Japan cuts growth forecasts on US tariff hit

The Bank of Japan kept interest rates steady and sharply cut its growth forecasts today, suggesting uncertainty surrounding US tariffs and the hit to exports could keep policy in a holding pattern for some time.

Business • 01 May

Geraldine Casey, AIB's Managing Director, Retail Banking, said the bank takes a balanced and measured approach to interest rate changes

AIB announces cuts to both deposit and mortgage rates

AIB has today announced cuts to both its deposit rates and its mortgage interest rates in response to the recent rate cuts from the European Central Bank.

Business • 30 Apr

Tracker mortgage customers in Ireland will see an immediate financial benefit (file pic)

Q&A: What the latest ECB rate cut means for consumers

The European Central Bank has cut interest rates for the seventh time in a year but what does it mean for mortgage-holders in Ireland?

Business • 17 Apr

Shipping containers in the port of Frankfurt with the headquarters of the European Central Bank in the background

All about tariffs - 5 questions for the ECB

The European Central Bank meets on April 17 with all focus on what tariff chaos means for how much further policymakers will need to cut rates.

Business • 11 Apr

People taking mortgages in Ireland are paying an average of 3.79% compared to 3.33% in other countries which use the euro, new Central Bank figures show

Irish mortgage rates fifth most expensive in euro zone

The interest rate on new mortgages offered by banks are half a percentage point lower than they were a year ago, according to new data from the Central Bank.

Business • 09 Apr

The Reserve Bank of India today cut its repo rate by 25 basis points to 6% as expected

India central bank cuts rates as US tariffs add to risks

The Reserve Bank of India (RBI) has today lowered its key repo rate for a second consecutive time and changed its monetary policy stance signalling room for more cuts ahead, as it seeks to boost the sluggish economy in the face of fresh US tariffs.

Business • 09 Apr

Clann Credo cuts interest rates for borrowers

Social finance organisation Clann Credo said today it would cut its interest rates for new and existing borrowers.

Business • 11 Mar

Traders anticipate around a 70% chance of an April interest rate cut by the European Central Bank

Tougher calls ahead - 5 questions for the ECB

The European Central Bank is set to cut rates again on Thursday, but investors have not been this unsure in a while on what comes next.

Business • 03 Mar

The ECB cut rates for the fifth time since June last month and hinted at even more policy easing

ECB accounts show lingering inflation worries

Euro zone inflation was heading back to target but there were still some worries about inflation, warranting caution in signalling further policy easing, the ECB concluded last month, according to the accounts of their January 29-30 meeting.

Business • 27 Feb

The ECB has reduced interest rates five times since last June

ECB rates no longer a material drag on growth - Schnabel

The European Central Bank interest rate that neither slows nor spurs growth has climbed in the past two years, and it is no longer clear the current 2.75% rate is still holding back the euro zone economy, ECB board member Isabel Schnabel said.

Business • 25 Feb

ECB getting closer to rate cut pause, Schnabel says

The European Central Bank is getting closer to a pause in interest cuts since it is no longer clear that policy remains restrictive and energy price surges raise inflation risks, ECB board member Isabel Schnabel has said.

Business • 19 Feb

Reserve Bank of Australia Governor Michele Bullock

Australia cuts rates for first time since 2020

Australia's central bank cut its key interest rate today for the first time in more than four years, but warned global turmoil could derail further easing.

Business • 18 Feb

With mortgage rates falling again, many are opting to change lender in order to lock in a better deal

Mortgage switching activity picks up again as rates fall

Mortgage switching activity is growing again as customers try to take advantage of falling European Central Bank rates, according to online broker Doddl.ie.

Business • 10 Feb

The Reserve Bank of India said the benchmark repo rate, the level at which it lends to commercial banks, would be reduced by 25 basis points to 6.25%

India's central bank delivers first rate cut since 2020

India's central bank cut interest rates today for the first time in nearly five years, as concerns over a growth slowdown in the world's fifth largest economy outweighed inflation risks.

Business • 07 Feb

Interest Rates

ECB to keep flexible approach as war heightens risks

Sweden's central bank cuts key interest rate to 2%

ILCU loan book passes €6bn for first time since 2008

Avant Money cuts mortgage rate below 3%

Trump again calls for Fed to cut US interest rates

ECB's fight against inflation nearly over, accounts show

ECB's Knot says inflation picture for June still unclear

China's central bank cuts two key rates to historic lows

Australia central bank cuts rates to 2-year low of 3.85%

ECB may be nearing end of rate cuts, trade war a risk

Norway holds interest rate steady at 4.5%

Bank of Japan cuts growth forecasts on US tariff hit

AIB announces cuts to both deposit and mortgage rates

Q&A: What the latest ECB rate cut means for consumers

All about tariffs - 5 questions for the ECB

Irish mortgage rates fifth most expensive in euro zone

India central bank cuts rates as US tariffs add to risks

Clann Credo cuts interest rates for borrowers

Tougher calls ahead - 5 questions for the ECB

ECB accounts show lingering inflation worries

ECB rates no longer a material drag on growth - Schnabel

ECB getting closer to rate cut pause, Schnabel says

Australia cuts rates for first time since 2020

Mortgage switching activity picks up again as rates fall

India's central bank delivers first rate cut since 2020