Business Today: The best news, analysis and comment from The Irish Times business desk

Follow our updates as the ECB is set to raise their rates at lunchtime on Thursday

The European Central Bank’s decision on Thursday to raise interest rates by 25 basis points came as little surprise to financial markets. Most economists had already expected such…

The Bank also lifted its inflation outlook for this year to 3% and lowered its growth forecast to 0.8%

Effect will be immediate for tracker mortgage holders, less so for other home loan borrowers but there may be more of the same ahead

The central bank was correct to leave its options open after Thursday’s increase

Business Today: The best news, analysis and comment from The Irish Times business desk