Pat

The Big Weekend with Brian McLoughlin

NOWCandi Staton - Young Hearts Run Free
advertisementspot_img

ECB expected to abandon interest rate hikes

 

There could be some relief today for hard hit home-owners.

The European Central Bank Chiefs meet in Franfurt this morning where its expected they will abandon plans to hike up interest rates over the coming months

- Advertisement -

Its as inflation fears ease across the Eurozone.

President Jean-Claude Trichet will hold the news conference at the bank’s headquarters in Frankfurt this afternoon

Economist from National Irish Bank, Ronnie O Toole, believes rate cuts could now be on the agenda reflecting the recent weakness across the broader European economy.

advertisementspot_img
advertisementspot_img
advertisementspot_img