From low unemployment to record exchequer returns: Reasons to be optimistic about the Irish economy in 2023
The rationale for further increases on this scale is questionable, particularly at a time of slowing growth. While euro zone annual inflation remained at a high 9.2 per cent in December, the month-on-month figures fell 0.1 per cent in November and 0.4 per cent in December. This was due in part to government energy supports across Europe to households, but is still a significant turn in the trend that had seen monthly increases over 1 per cent in a few previous months.
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More interest rate hikes in prospect? Almost certainlyThe Governing Council of the European Central Bank meets this week to consider its next move on interest rates. Having hiked rates aggressively since the summer, could it now take a breather as inflation shows signs of abating? It's not likely with another half point increase expected on Thursday. 'Insanity is doing the same thing over and over and expecting different results.' Albert Einstein Will almost inevitably put people out of their homes. Will the government step in with AIBIreland and make it stop? Massive profits last year. More transfer of wealth and forcing people out of their homes. You will own nothing and be happy, the great reset continues from the plandemic.
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Euro zone lending growth tumbles on slowdownBank lending to euro zone companies tumbled in December, effectively ending the sector's biggest borrowing binge in more than a decade as rising interest rates and a possible recession appear to be taking their toll, European Central Bank data showed today.
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