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Banks predict biggest ever fall in demand for loans due to Covid-19

Irish banks expect the “biggest ever decrease” in the demand for mortgages and consumer loans as a result of the ...
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Residential property prices up 1% in March, before Covid-19 impact

New figures from the Central Statistics Office show that residential property prices increased by 1% nationally in the year to ...
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US Fed chair warns of ‘extended period’ of weak growth, calls for additional fiscal spending

In a sober review of where the US economy stands on the cusp of its reopening, US Federal Reserve chair Jerome ...
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Online retailers saw 60% rise in traffic last week

There was a dramatic increase in traffic for online retailers compared to pre-Covid levels in the last week, as stores ...
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40% more rental properties available compared to April 2019, report shows

Rents fell by 2.1% on average last month compared to March, reflecting the economic fallout from the Covid-19 pandemic. This represents the ...
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“Very likely” IMF will cut growth forecasts further

International Monetary Fund Managing Director Kristalina Georgieva said it was “very likely” the Fund would cut global growth forecasts further ...
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Slight fall in number of Pandemic Unemployment Payments

The number of people receiving the Covid-19 Pandemic Unemployment Payment (PUP) has fallen slightly for the first time since it ...
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BoI boss signals further payment break extension beyond six months unlikely

The chief executive of Bank of Ireland has said she does not currently see repayment breaks for borrowers who are ...
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Ibec calls for €15bn in extra support in Covid-19 recovery plan

The employers’ group Ibec has launched a recovery plan for the economy which calls for a future government to commit a ...
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