Eurozone inflation hits new low, raising prospect of ECB rate cut
The governing council of the European Central Bank meets on Thursday where it could provide a fresh boost to mortgage holders.
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The governing council of the European Central Bank meets on Thursday where it could provide a fresh boost to mortgage holders.
Only two banks in Ireland passed on last month’s rate cut to their standard variable rate customers, Fianna Fáil finance spokesperson Michael McGrath has said.
The Tánaiste has called on Bank of Ireland and Ulster Bank to also pass on the ECB rate reduction to mortgage customers.
The company is to reduce the rate in line with the European Central Bank’s recent rate cut.
The government cut the VAT rate on a range of tourist-related items this week from 13.5 per cent to 9 per cent – but have you seen a difference?