Ireland’s Central Bank has raised significant concerns about the potential economic implications of a Donald Trump return to the White House, highlighting the vulnerability of the country’s financial landscape to potential US trade and tax policy changes. Robert Kelly, the bank’s director of economics, warned that major alterations to US tax or trade arrangements could … Read more
Last year’s budget’s promise to alleviate the impact of rising interest rates has fallen short, according to the Central Bank’s recent report. The scheme, costing €120 million annually, primarily benefits older homeowners with tracker mortgages, neglecting those facing steep interest rates exceeding 6%. The bank urges a revision, limiting assistance to those with rates above … Read more
Consumers’ use of digital banking has hit a record high as contactless payments continue to surge, new figures show. Online and mobile banking volumes grew by almost 12 per cent to 36 million payments in the second quarter of this year to reach the highest level since the data series began six years ago, According … Read more