With house price growth declining, is Ireland headed towards negative growth?

With house price growth declining, is Ireland headed towards negative growth?

The housing market in Ireland has been one of the most talked about economic topics in recent years. After experiencing a devastating crash in 2008, house prices have been slowly but steadily increasing. However, recent reports have shown that house price growth in Ireland is beginning to slow down, and many are beginning to wonder … Read more

Irish Prime Minister Unfazed About Banks Amid Market Turbulence Caused by Credit Suisse

Irish Prime Minister Unfazed About Banks Amid Market Turbulence Caused by Credit Suisse

The Taoiseach of Ireland, Micheál Martin, has remained calm and assured in the face of recent market jitters, which have been sparked by Credit Suisse’s involvement in a series of hedge fund losses. Despite concerns about the stability of Irish banks, Martin has stated that he is “not concerned” about the impact of the Credit … Read more

The crown is losing ground. Those who can in business are switching to euros – List of News

The crown is losing ground.  Those who can in business are switching to euros – List of News

Show more You can also listen to the article in audio version. What you will read in the analysis Czech companies take out crown loans from banks instead huge amount of loans in eurosfor which – unlike crown bonds – they do not pay such high interest. He transfers a large part of these loans … Read more

As high as needed. The ECB is determined to keep raising interest rates

As high as needed.  The ECB is determined to keep raising interest rates

“The European Central Bank (ECB) will raise interest rates as high as necessary to bring inflation back to 2%,” Bank of Italy Governor Ignazio Visco stressed to Bloomberg, adding that ECB policy will depend on further moves in economy. “I don’t think we can indicate right now what the rate will be or whether it … Read more

Why the US Central Bank is acting much harder against inflation than the European one

Why the US Central Bank is acting much harder against inflation than the European one

– Jerome Powell — ©  REUTERS – In the fight against unbridled inflation, the American Central Bank – the Fed – raised interest rates by no less than 0.75 percent on Wednesday. That is three times as much as what European colleagues decided last week. Why is the Fed acting more decisively than the ECB? … Read more

The weak euro supports inflation and scares the ECB. She is going to raise rates

The weak euro supports inflation and scares the ECB.  She is going to raise rates

The current weak euro exchange rate threatens the European Central Bank’s efforts to steer inflation back to its long-term 2% target, said François Villeroy de Galhau, a member of the ECB’s Governing Council and the Governor of the French Central Bank. – At the end of last week, the single European currency was the lowest … Read more

Interest can rise faster | The Standard Mobile

Interest can rise faster |  The Standard Mobile

A relatively quick rate hike is possible if inflation remains high, the European Central Bank said. – Today at 14:16 Economy – – The ECB takes into account that the current support program will be phased out early, which means that interest rates can rise quickly. If inflation remains high, support could end as early … Read more

Raise rates? That would hurt the economy, the head of the European Central Bank said

Raise rates?  That would hurt the economy, the head of the European Central Bank said

An increase in the main interest rate in the euro area would not currently reduce record inflation, but only hurt the economy. Christine Lagarde, President of the European Central Bank (ECB), said this in an interview with the German media network Redaktionsnetzwerk Deutschland (RND). – Financial markets now expect the ECB to raise its deposit … Read more

European Central Bank chief: High inflation will stay here for “some time”

European Central Bank chief: High inflation will stay here for “some time”

The President of the European Central Bank (ECB), Christine Lagarde, made a video call before the European Parliament’s Committee on Economic and Monetary Affairs, which said that high inflation would be in the eurozone for “some time to come”. But experts were mainly waiting for her comments on the tightening of monetary policy. However, she … Read more