Bloomberg News

Irish Regulator Blocks Variable Interest Rate Rises, RTE Says

October 14, 2011

Oct. 14 (Bloomberg) -- Ireland’s central bank has told banks to stop increasing variable interest rates on home loans, broadcaster RTE said, without citing anyone. The central bank told banks it’ll seek a public policy response if the lenders raise rates, the Dublin-based broadcaster said.

To contact the editor responsible for this story: Dara Doyle at ddoyle1@bloomberg.net


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