If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Interest Rates

helen_br · 2002-12-05 12:36:21

Any opionions on what we'd like the ECB to announce on interest rates? The UK has kept on hold at 4% so if there's a cut here it will create a big difference between us and our nearest neighbour as well as risk a complete overcooking of the Irish housing market. Ideas?

05-12-2002 12:36pm

#1

helen_br

Closed Accounts Posts: 51 ✭✭

Join Date: April 2002

Posts: 36

Any opionions on what we'd like the ECB to announce on interest rates? The UK has kept on hold at 4% so if there's a cut here it will create a big difference between us and our nearest neighbour as well as risk a complete overcooking of the Irish housing market.

Ideas?

0

Comments

#2 05-12-2002 12:55pm

Mountjoy Mugger

Registered Users, Registered Users 2 Posts: 4,487 ✭✭✭

Join Date: December 1999

Posts: 4035

Well, they've done it anyway. Cut to 2.75%, down half a point.

0
#3 05-12-2002 2:02pm

Samson

Users Awaiting Email Confirmation Posts: 3,129 ✭✭✭

Join Date: June 2001

Posts: 2802

Originally posted by Mountjoy Mugger
Well, they've done it anyway. Cut to 2.75%, down half a point.

That's a good decrease, I spoke to my bank manager this morning, and he was forecasting a .25% decrease in rates.
Although a .5% drop in the ECB rate does not guarantee a drop in AIB's (or anyone else) rate.

0