ECB not expected to cut interest rates any further today The Governing Council of the European Central Bank (ECB) is expected to leave interest rates unchanged when it meets later today. Business • 1 hr
UK inflation holds at 2% amid underlying price pressures British inflation held at 2% last month, defying forecasts for a slight fall, and underlying price pressures persisted, maintaining uncertainty about the date of the … Business • 17 Jul
ECB to opt for summer pause after initial rate cut The European Central Bank is expected to leave interest rates unchanged on Thursday, giving the euro zone time to digest last month's first cut since … Business • 15 Jul
US consumer prices unexpectedly fall in June U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that the disinflation trend was back on track … Business • 11 Jul
Irish inflation moderated further to 2.2% in June Prices for consumer goods and services in June 2024 rose by 2.2% on average when compared with June 2023, according to new figures from the … Business • 15 Jul
ECB can continue to gradually lower rates, Panetta says The European Central Bank can continue to gradually reduce interest rates without jeopardising the current fall in inflation, governing council member Fabio Panetta said today. Business • 09 Jul
Asking prices for homes rising at fastest rate in 2 years Asking prices for homes across the country rose at the fastest rate in almost two years in the 12 months to the end of June, … Business • 08 Jul
ECB accounts show worries about stalling disinflation Some European Central Bank policymakers felt uneasy about recent inflation developments when they cut interest rates last month and feared that any further delay in … Business • 04 Jul
Harris meets banks over mortgage interest rates The Taoiseach has told the banks he wants people to feel the benefits of reduced monthly mortgage repayments as quickly as possible as interest rates … Politics • 03 Jul
Turkish inflation falls to 71.6% in June Turkey's annual inflation rate fell to 71.6% in June, the first decrease in several months, official data showed today. Business • 03 Jul
Makhlouf sees one more interest rate cut this year Central Bank Governor Gabriel Makhlouf has said he was comfortable with just one more interest rate cut from the European Central Bank this year as … Business • 03 Jul
BoI revises GDP outlook, but expects healthy growth Bank of Ireland has downgraded its outlook for growth in Gross Domestic Product (GDP) to 1% this year and 3.9% in 2025. Business • 03 Jul
Euro zone inflation slows to 2.5% in June - flash reading The euro zone's annual rate of inflation cooled in June in line with analysts' expectations thanks to a slowdown in food and energy price rises, … Business • 02 Jul
ECB not in a hurry to cut rates further, Lagarde says The European Central Bank needs more time to conclude that inflation is firmly on a path to 2% and benign economic developments indicate that rate … Business • 02 Jul
Inflation slows to 3-year low of 1.5% - flash CSO data The annual rate of inflation rose at the slowest rate in more than three years in June, increasing by 1.5% year-on-year compared to a rate … Business • 01 Jul
German inflation slows more than expected in June Germany's inflation rate slowed more than expected in June, official data showed today, in welcome news for the European Central Bank following last month's first … Business • 01 Jul
US inflation cools in May; consumer spending up slightly US prices were unchanged in May while consumer spending rose moderately, a trend that could draw the Federal Reserve closer to start cutting interest rates … Business • 28 Jun
Consumers becoming more optimistic on inflation - ECB Euro zone consumers continued to cut their inflation expectations and also grew more optimistic on employment prospects even as they still saw economic contraction ahead, … Business • 28 Jun
Bank of England warns of economic risks from elections Policy uncertainty linked to upcoming elections in France and the US has increased the risk of market volatility and other economic fallout, the Bank of … Business • 27 Jun
Turkey central bank holds key interest rate at 50% Turkey's central bank has today kept its key interest rate unchanged for the third month in a row as annual inflation runs high over 75%. Business • 27 Jun
Sweden's Riksbank holds key rate, may cut 3 times in H2 Sweden's central bank held its key interest rate at 3.75% as expected today, and said that if inflation prospects remained the same, the policy rate … Business • 27 Jun
Workers' incomes set to rise this year and next - ESRI Workers in Ireland should see their incomes rise in real terms both this year and next, due to falling inflation and ongoing increases in wages. Business • 27 Jun
ECB sees gradual easing if inflation falls as expected The European Central Bank could gradually reduce interest rates if inflation falls as expected, two ECB policymakers said today. Business • 26 Jun
Australia inflation jumps to six month high in May Australian consumer inflation accelerated to a six-month high in May, while a key measure of core prices rose for a fourth month, figures that caught … Business • 26 Jun
Grocery inflation slows again to reach 2.5% - Kantar New figures from Kantar show that grocery inflation stood at 2.5% in the 12 weeks to June 9 - the lowest level of grocery inflation … Business • 24 Jun