The European Central Bank could cut interest rates more than three times this year and the reductions should not be held back if the US Federal Reserve delays its own cuts, Lithuanian policymaker Gediminas Simkus said today. Simkus, making some of the most dovish comments since the ECB’s policy meeting on Thursday, also said the […]
Read More… from ECB could cut rates more than three times in 2024 – Simkus
Construction activity rose in March for the first month since June of last year and at the most marked rate for nearly two years, new data shows. The BNP Paribas Real Estate Ireland Construction Index hit 51.6, just above the 50 mark that signals no change. The growth was propelled by renewed expansion in both […]
Read More… from Construction activity returned to growth in March
IDA Ireland has said that an AI-enabled workforce is critical to transforming Ireland’s enterprise base and supporting future investment in the country. The agency has published its latest Labour Market Pulse report in collaboration with Microsoft and LinkedIn. The research, entitled ‘Unlocking the Future: Ireland’s Prosperity with Generative AI’, is focused on artificial intelligence skills […]
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The global IPO market began the year on a cautiously optimistic note, according to analysis by EY, with activity declining in volume in the first quarter of the year, but increasing in value. 287 initial public offerings (IPOs) to the value of $23.7 billion were launched in the first three months of 2024, the report […]
Read More… from Global IPO activity ‘cautiously optimistic’ in Q1
New figures from the Central Statistics Office show that households saved 12.09% of their income in the last quarter of 2023 – and 12.4% in 2023 as a whole. The CSO noted that the saving rate has averaged over 12% in the last two years, above the long-term pre-Covid average. The saving rate has declined […]
The Governing Council of the European Central Bank (ECB) will consider whether to make any changes to interest rates at a meeting in Frankfurt later today. But markets are not anticipating any alterations at this point, despite steady falls in eurozone inflation. Analysts do expect though that the ECB will begin trimming rates back from […]
Read More… from ECB expected to hold rates steady when it meets today
The World Trade Organization said today that global trade should rebound this year from an unexpected slump in 2023, but warned that regional conflicts, geopolitical tensions and economic policy uncertainty risked darkening the picture. In its annual trade forecast, the WTO disclosed that world trade volumes unexpectedly declined by 1.2% in 2023. That downgrade was […]
Read More… from WTO eyes global trade rebound but warns of risks
New figures from the Central Bank show that average mortgage rates in Ireland rose to 4.29% in February from 4.27% in January. The euro zone average mortgage fell for the third month in a row to 3.91%. Today’s Central Bank figures show that Irish mortgage rates are currently the seventh highest in the euro zone, […]
Read More… from Irish mortgage rates edge higher in February – Central Bank
The Supreme Court has ruled that guidelines on personal injuries awards voted into force by Ireland’s judges three years ago are legally binding and remain in force. In what was a complex but historic decision in relation to personal injuries awards, a seven-judge court dismissed the bulk of issues raised in an appeal brought by […]
Read More… from Supreme Court rules personal injuries awards guidelines legally binding
60% of people would turn down a job if it did not offer hybrid working, new data shows. The latest Cpl Salary Guide reveals that 66% of those surveyed currently avail of hybrid working. Almost 40% said that flexible and remote working provides a better work-life balance and increased job satisfaction. “We see from this […]
Read More… from 60% would turn down a job that does not offer hybrid work
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