Irish household deposits rose by €1.1 billion in May Irish household savings rose by €1.1 billion in May when compared to April, according to data published by the European Central Bank. Business • 28 Jun 24
Irish household deposits rose by €1.1 billion in May Irish household savings rose by €1.1 billion in May when compared to April, according to data published by the European Central Bank. Business • 28 Jun 24
Irish savers missing out on interest earnings Irish household deposits have hit a record high, according to data published by the European Central Bank. Business • 02 Apr 24
Irish savers missing out on interest earnings Irish household deposits have hit a record high, according to data published by the European Central Bank. Business • 02 Apr 24
ECB needs more inflation evidence before easing - Lane The European Central Bank still needs more evidence that inflation is heading back to its 2% target before it can cut interest rates, even if there is growing confidence that price pressures are easing, two key policymakers have said. Business • 09 Feb 24
ECB needs more inflation evidence before easing - Lane The European Central Bank still needs more evidence that inflation is heading back to its 2% target before it can cut interest rates, even if there is growing confidence that price pressures are easing, two key policymakers have said. Business • 09 Feb 24
Turkey central bank stuns markets with huge rate hike Turkey's central bank today surprised markets with a bigger than expected rate hike to battle soaring inflation and boost the lira, prompting the embattled currency to surge in value. Business • 13 Sep 18
Turkey central bank stuns markets with huge rate hike Turkey's central bank today surprised markets with a bigger than expected rate hike to battle soaring inflation and boost the lira, prompting the embattled currency to surge in value. Business • 13 Sep 18
Canada central bank keeps key lending rate at 0.5% Canada's central bank maintained its key lending rate at 0.5% today, citing a "climate of heightened uncertainty". Business • 13 Jul 16
Canada central bank keeps key lending rate at 0.5% Canada's central bank maintained its key lending rate at 0.5% today, citing a "climate of heightened uncertainty". Business • 13 Jul 16
KBC Bank statements showed wrong interest rate 7,000 KBC Bank Ireland customers were accidentally told they were receiving a higher interest rate on their savings than the rate they were actually being paid. Business • 21 Jun 16
KBC Bank statements showed wrong interest rate 7,000 KBC Bank Ireland customers were accidentally told they were receiving a higher interest rate on their savings than the rate they were actually being paid. Business • 21 Jun 16
Australia keeps interest rates on hold Australia's central bank held interest rates steady at the all-time low of 1.75% today following strong growth figures, while keeping an eye on low inflation. Business • 07 Jun 16
Australia keeps interest rates on hold Australia's central bank held interest rates steady at the all-time low of 1.75% today following strong growth figures, while keeping an eye on low inflation. Business • 07 Jun 16
Australia cuts interest rates to 1.75% Australia's central bank cut interest rates by 25 basis points to a historic low of 1.75% today, with the move triggered by lower than expected inflation, sending the currency lower. Business • 03 May 16
Australia cuts interest rates to 1.75% Australia's central bank cut interest rates by 25 basis points to a historic low of 1.75% today, with the move triggered by lower than expected inflation, sending the currency lower. Business • 03 May 16
US Fed raises interest rate target by 0.25% The US Federal Reserve has hiked interest rates for the first time in nearly a decade, signalling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis. Business • 17 Dec 15
US Fed raises interest rate target by 0.25% The US Federal Reserve has hiked interest rates for the first time in nearly a decade, signalling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis. Business • 17 Dec 15
ECB council split over further rate cuts The ECB's governing council is split over whether to cut interest rates again, minutes of their last meeting in Malta have shown, with the issue surfacing as a potential tool to boost inflation. Business • 19 Nov 15
ECB council split over further rate cuts The ECB's governing council is split over whether to cut interest rates again, minutes of their last meeting in Malta have shown, with the issue surfacing as a potential tool to boost inflation. Business • 19 Nov 15
India's central bank cuts key interest rate India's central bank aggressively cut interest rates today in a bid to kickstart economic growth, following a sharp drop in inflation. Business • 29 Sep 15
India's central bank cuts key interest rate India's central bank aggressively cut interest rates today in a bid to kickstart economic growth, following a sharp drop in inflation. Business • 29 Sep 15
Conditions for rate hike 'approaching' - US Fed The US Federal Reserve saw economic conditions "approaching" the point of being able to weather an increase in near-zero interest rates at July's policy meeting, a Fed report has said. Business • 20 Aug 15
Conditions for rate hike 'approaching' - US Fed The US Federal Reserve saw economic conditions "approaching" the point of being able to weather an increase in near-zero interest rates at July's policy meeting, a Fed report has said. Business • 20 Aug 15
US rate rise should come soon - Fed policymaker Economic conditions in the United States have largely returned to normal and a Federal Reserve decision to raise interest rates should come soon, Atlanta Fed President Dennis Lockhart has said. Business • 11 Aug 15
US rate rise should come soon - Fed policymaker Economic conditions in the United States have largely returned to normal and a Federal Reserve decision to raise interest rates should come soon, Atlanta Fed President Dennis Lockhart has said. Business • 11 Aug 15
Bank of England keeps rates at record low of 0.5% The Bank of England has kept interest rates steady at a record-low 0.5%, judging that the outlook for prices and wages is still too weak for it to raise the cost of borrowing despite solid growth prospects. Business • 11 May 15
Bank of England keeps rates at record low of 0.5% The Bank of England has kept interest rates steady at a record-low 0.5%, judging that the outlook for prices and wages is still too weak for it to raise the cost of borrowing despite solid growth prospects. Business • 11 May 15
Chinese Central Bank cuts interest rates again China has cut interest rates for the third time in six months in a bid to lower companies' borrowing costs and stoke a sputtering economy that is headed for its worst year in a quarter of a century. Business • 11 May 15
Chinese Central Bank cuts interest rates again China has cut interest rates for the third time in six months in a bid to lower companies' borrowing costs and stoke a sputtering economy that is headed for its worst year in a quarter of a century. Business • 11 May 15
Deutsche Bank fined $2.5bn over Libor rigging US and British regulators have fined Deutsche Bank a hefty $2.5bn over its involvement in benchmark interest rate rigging. Business • 23 Apr 15
Deutsche Bank fined $2.5bn over Libor rigging US and British regulators have fined Deutsche Bank a hefty $2.5bn over its involvement in benchmark interest rate rigging. Business • 23 Apr 15
Interest rate on new mortgages increases The interest rate charged by banks on new mortgages has increased, according to the Central Bank. Business • 10 Apr 15
Interest rate on new mortgages increases The interest rate charged by banks on new mortgages has increased, according to the Central Bank. Business • 10 Apr 15
US interest rate hike unlikely before June: Yellen US Federal Reserve Chair Janet Yellen has said that the US labour market still showed cyclical weakness and inflation continued to fall, making any interest rate hike unlikely before June. Business • 24 Feb 15
US interest rate hike unlikely before June: Yellen US Federal Reserve Chair Janet Yellen has said that the US labour market still showed cyclical weakness and inflation continued to fall, making any interest rate hike unlikely before June. Business • 24 Feb 15
Bank of England maintains interest rates Britain’s interest rates have been kept at their historic low of 0.5% as inflation's recent weakness continues to reduce the near-term chances of a hike. Business • 05 Feb 15
Bank of England maintains interest rates Britain’s interest rates have been kept at their historic low of 0.5% as inflation's recent weakness continues to reduce the near-term chances of a hike. Business • 05 Feb 15
Russia's central bank makes surprise interest rate Russia's central bank today cut its main interest rate to 15% from 17% in a move that caught markets by surprise, sending the rouble tumbling. Business • 30 Jan 15
Russia's central bank makes surprise interest rate Russia's central bank today cut its main interest rate to 15% from 17% in a move that caught markets by surprise, sending the rouble tumbling. Business • 30 Jan 15
US Federal Reserve opens door to rate hike in 2015 The Federal Reserve has offered a strong signal that it was on track to raise interest rates sometime next year, dropping a pledge to keep them near zero for a "considerable time" in a show of confidence in the US economy. Business • 17 Dec 14
US Federal Reserve opens door to rate hike in 2015 The Federal Reserve has offered a strong signal that it was on track to raise interest rates sometime next year, dropping a pledge to keep them near zero for a "considerable time" in a show of confidence in the US economy. Business • 17 Dec 14
Fed to keep rates low for a 'considerable time' The US Federal Reserve has renewed a pledge to keep interest rates near zero for a "considerable time" and repeated concerns over slack in the labour market, standing firm against calls to overhaul its policy statement. Business • 17 Sep 14
Fed to keep rates low for a 'considerable time' The US Federal Reserve has renewed a pledge to keep interest rates near zero for a "considerable time" and repeated concerns over slack in the labour market, standing firm against calls to overhaul its policy statement. Business • 17 Sep 14
Lloyds close to agreeing Libor settlement Lloyds Banking Group has confirmed that it is close to agreeing a settlement over allegations related to the rigging of interest rate benchmarks. Business • 25 Jul 14
Lloyds close to agreeing Libor settlement Lloyds Banking Group has confirmed that it is close to agreeing a settlement over allegations related to the rigging of interest rate benchmarks. Business • 25 Jul 14
BoE member may vote for rate hike in May - report One of the Bank of England's most dovish policymakers, David Miles, has said that he expects to vote for a hike in interest rates by May, The Times of London reported today. Business • 17 Jun 14
BoE member may vote for rate hike in May - report One of the Bank of England's most dovish policymakers, David Miles, has said that he expects to vote for a hike in interest rates by May, The Times of London reported today. Business • 17 Jun 14
Irish banks raised mortgage rates in March Irish banks increased interest rates on mortgages in March and further cut the rate of interest they pay on deposits, according to new figures from the Central Bank. Business • 09 May 14
Irish banks raised mortgage rates in March Irish banks increased interest rates on mortgages in March and further cut the rate of interest they pay on deposits, according to new figures from the Central Bank. Business • 09 May 14
