All the updated news related to rate cuts

All the news related to rate cuts updated in real time

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Local News

Excise rate cut would reduce costs for Kilkenny businesses – hospitality sector

DIGI, the Drinks Industry Group of Ireland, said today that a cut in Ireland’s high excise tax rate would make a tangible and immediate impact on businesses by reducing their costs overnight. In its 2023 pre-Budget Submission, DIGI has called for a ...

22 Sept 2022 at 10:33

Rate cuts still likely in 2024 as economy feels hit from past hikes, say experts

The Bank of England has dashed hopes of a cut to interest rates any time soon, but experts said they still believe lower borrowing costs are on the cards next year as the economy falters. Bank governor Andrew Bailey said cuts were not even under ...

02 Nov 2023 at 14:09

Business

TD calls for VAT and PRSI rate cut for struggling SMEs - Kilkenny Live

Cafes, restaurants and other community hubs will be forced to close over the coming months if VAT and PRSI rates are not cut for small and medium sized businesses. Deputy Michael Lowry addressed the Dáil last month on the dramatic level of ...

05 Feb 2024 at 18:33

Rates set to come down further by year-end despite Bank caution, say experts

The Bank of England was quick to downplay the prospect of a flurry of rate cuts after its first reduction for more than four years, but experts said borrowing costs will likely come down further this year. The cut from 5.25% to 5% was a ...

01 Aug 2024 at 14:49

World

ECB cuts rates amid concerns of tepid growth and impact of Trump trade policies

The European Central Bank has cut rates by a quarter of percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new US import tariffs. The bank’s rate-setting ...

12 Dec 2024 at 13:37

European Central Bank cuts interest rates amid fears over economic growth

World

European Central Bank cuts interest rates for the seventh time in a row

The European Central Bank has cut interest rates to counter worries about economic growth fuelled by President Donald Trump’s tariff onslaught. The bank said in a statement that “the outlook for growth has deteriorated due to ...

17 Apr 2025 at 15:14

World

European Central Bank cuts interest rate as Trump tariffs threaten economy

The European Central Bank has cut its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as US president Donald Trump’s trade war threatens to slow already ...

05 Jun 2025 at 14:01

City

Stocks close higher with all eyes on the US Federal Reserve

Stock prices in London closed in the green on Wednesday, following the Bank of Canada’s rate cut and ahead of the US Federal Reserve’s own announcement, at which its own reduction is expected. “Markets have fully priced ...

17 Sept 2025 at 17:31

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