Clare Economist Warns ECB Is Likely To Continue To Push Up Interest Rates For Mortgage Holders

A Clare economist has warned that the Central Bank is likely to continue to push up interest rates for mortgage holders.

The ECB this week confirmed another interest rate increase of 0.75 per cent for tracker mortgage holders.

It’s very concerned about inflation and says more rate hikes are expected in December or early January.



Assistant Professor of Social Policy at UCD and former Senior Economist at the Nevin Economic Research Institute, Ennis man Mícheál Collins says all mortgage holders will eventually start to see higher repayments.