ECB Rates forecast to drop again.

Economists at Citigroup have forecast that the European Central Bank will slash rates by three-quarters of a point, to 2.5pc, at its December meeting. Recent data swowed that euro area output was already falling when the ECB raised ...
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ECB cuts rates by 0.5% to 3.25%

ECB rates are to drop again to 3.25 (currently 3.75%). This was confirmed a few minutes ago. Rates are now at the same level they were in October 2006. Interest rates in the UK are now lower than ...
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Bank of England 1.5% Interest Rate Cut

A few minutes ago the Bank of England announsed it was cutting interest rates from 4.5% to 3% - a cut of 1.5 base points - or another way of looking at it a reduction of 33%. ECB ...
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Bank of Ireland not passing on rate cut.

Bank of Ireland promised - and I quote from the statement released on October 9th : " Bank of Ireland today, Thursday 9th October 2008, confirms that it will pass on the full ECB rate decrease of 0.5% ...
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Possible ECB Rate cut in November .

The European Central Bank could cut interest rates for the second time in less than a month next week, ECB President Jean-Claude Trichet said this evening. (October 27th) "I consider possible that the Governing Council will decrease interest ...
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Irish Economists forecast more ECB cuts.

Mortgage holders will be happy to hear the latest thoughts of some "experts" . Savings account holders may not be as happy with the forecast of more ECB interest rate cuts. As reported in the Sunday Business Post ...
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