The Governor of the Central Bank has said he expects that 'all things equal' the European Central Bank will cut interest rates in June.
The Governor of the Central Bank has said he expects that"all things equal" the European Central Bank will cut interest rates in June.
"Before Christmas, I mean, my view was that we had, I mean, I wasn't ready to rule out going further in the hiking cycle. But I think we've now over the last few weeks, seen enough data to say that we've reached the top of the ladder." "I think that tells you to be cautious and certainly I will rule out trying to predict how many more moves there may be, there may be none, there may be more than one," he said.
Business Central Bank Gabriel Makhlouf Inflation
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Swedish central bank holds rates, flags cut in May/JuneSweden's central bank held its key rate unchanged at 4% today as expected and said that inflation pressures had now eased enough for the policy rate to be cut in the coming months.
Read more »
Makhlouf warns on risk to financial system from non-bank sectorCentral Bank of Ireland governor speaking in Washington in advance of International Monetary Fund and World Bank meetings
Read more »
Japan ends raises rates interest rates for first time in 17 yearsBank of Japan is last major central bank to end era of negative interest rates
Read more »
Poland risks ECB row over move against central bank presidentOn Thursday leading allies of prime minister Donald Tusk accused Mr Glapiński of pursuing a monetary policy that financed and backed the previous government
Read more »
Central Bank cautioned against mortgage interest reliefThe Central Bank told the Department of Finance a scheme for mortgage interest relief would almost exclusively benefit homeowners aged over 40 who were the least likely to have challenges paying back their home loan.
Read more »
Global stocks jump ahead of a raft of central bank meetingsEuronext Dublin up marginally at close of business on what was a muted day for investors following St Patrick’s Day holiday
Read more »