ECB Interest Rate History

In the Eurozone there are several interest rates which are set by the ECB.The rate that most people in Ireland on tracker mortgages are interested in is called the main refinancing rate . This rate was  reduced to ...
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ECB Cuts Interest Rate to Zero

At todays monthly meeting of the ECB it was announced that the headline interest rate will be cut to zero from the current low rate of  0.05%. The last cut in the ECB rate was in Sept 2014 ...
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ECB cuts rate to just 0.05%

At today’s meeting of the Governing Council of the ECB it was announced that the  main refinancing interest rate will be decreased from 0.15% to 0.05%,  from 10th September 2014. This is the rate that affects tracker mortgages ...
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ECB Interest Rate Stays at 0.25%

The  European Central Bank left interest rates on hold today (Thursday) despite forecasting low inflation for years to come. The ECB left its main interest rate at 0.25 percent - which was expected and it also  held the ...
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ECB Rate Stays at 0.25%

The European Central Bank has kept interest rates on hold at 0.25 per cent for the second month in a row following November’s cut. The decision was widely expected,  even though inflation had fallen  in December and  record ...
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ECB Rate Kept at all time Low of 0.25%

The ECB has today kept its benchmark interest rate at the all time low of 0.25%.  Another cut was unlikely after the recent surprise cut from 0.5% in November. ECB president Mario Draghi said the decision to keep ...
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