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#Interest rate cut

# interest-rate-cut - Thursday 10 November, 2011

Government may 'take action' against banks not passing on mortgage rate cut

Bank of Ireland, Ulster Bank and AIB will not pass on the recent ECB rate cut to homeowners, it has emerged.

# interest-rate-cut - Thursday 3 November, 2011

Surprise! ECB cuts interest rate to 1.25 per cent Cut

Surprise! ECB cuts interest rate to 1.25 per cent

On his first day in the job, ECB president Mario Draghi surprised everyone by cutting the eurozone’s main interest rate.

# interest-rate-cut - Sunday 8 May, 2011

Ireland will get one per cent cut on bailout interest and keep corporation tax rate - report

The cut to the current average interest rate of 5.8 per cent could be worth €400 million to the Irish exchequer.