#interest-rates

#interest-rates

Depositors in Ireland face disappointingly low returns on savings accounts, with instant-access accounts yielding an average of just 0.13pc, making it one of the lowest in the eurozone.

Trump stated, "I love Scott, but he wants to stay where he is." This remark clarifies Bessent's intention to continue his current role rather than pursue the Federal Reserve chair.

The 10-year CMT saw a decrease that spurred a rise in HECM endorsements, leading to 3,784 applications in April. This increase is linked to past interest rates.

Prices remain stable in the Eurozone as inflation came in at 2% for July, the sixth consecutive month where year-on-year inflation has been 2.3% or less.

The dollar's stability is bolstered by positive trade developments, including potential tariff agreements between the US and Europe, which ease uncertainty in the market.

Nearly one in five (18%) of accounts include a bonus rate of 1.88% for nearly a year on average. Nearly half (44%) restrict the number of withdrawals, while 28% impose interest penalties for too many withdrawals and 16% have restrictions such as a high minimum balance or requiring customers to have a current account with them.

The real estate markets of Europe and the United Kingdom in 2024-2025 are experiencing a period of adaptation to macroeconomic challenges. After the sharp price surge in 2021-2022, driven by low interest rates and high demand, the market entered a correction phase in 2023.