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Inside Business with Ciaran Hancock

What an interest rate rise means for you

20 Jul 2022

Description

The European Central Bank is expected to raise interest rates this week in an effort to dampen inflation. What will the move mean for consumers, mortgage-holders and the economy? Cliff Taylor explains. But first: This week AIB announced it would no longer provide cash services in many more of its branches across the country. The move has angered some customers, advocates for rural services and bank employees. Ciarán talks to markets correspondent Joe Brennan and Financial Services Union general secretary  John O'Connell about the move. Hosted on Acast. See acast.com/privacy for more information.

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