Bank of Ireland says it expects the European Central Bank to reduce interest rates again this Thursday.
The ECB had been expected to hold off from any further decreases until the summer.
However, Bank of Ireland says it expects rates to go down again this week because of declining manufacturing output in the Eurozone.
It says the ECB will probably cut its main lending rate to 1%.
BoI predicts further ECB rate cut this week | BreakingNews.ie
More good news for under pressure mortage holders.
Has anyone any information on which lenders are passing on the rate cuts and who are not ?