Ireland Morning Brief: ECB Rate Hike, EU Budget Talks, and Trump Visit Tensions

The European Central Bank is widely expected to increase interest rates by 0.25 percentage points later today, bringing its main rate to 2.5%. The move comes as eurozone inflation sits at 3.3% — well above the 2% target — driven largely by crude oil prices that breached $100 per barrel this week amid escalating Iran tensions. For Irish homeowners, the rate hike means tracker mortgage customers will see repayments rise by...