Current ECB Rate

[Kelb28]

Hi

Could anyone tell me what the current ECB rate is at the moment? I am on a tracker mortage with FA (1.1%) about the ECB rate. I have a funny feeling the have been adding 1.65% above the ECB rate. Is there a wesite i can get a list of all the rate cuts?

Thanks

 

[irishlinks]

Current ECB rate is 2.5% - it was reduced to that on Dec 10th.
The previous rate was 3.25 (effective Nov 15th)
Prior to that it was 3.75 in October.

 

[ClubMan]

See www.ecb.int for the current and historical rates.

 

[rameire]

also http://www.rte.ie/business/economyataglance/interestrates.html

but the dates shown are the actual announced dates and not the implementation dates, just add 6 calendar days for the ecb implementation date.

 

[LLDLY]

Remember some banks take up to two months to pass on a rate cut i.e The December cut will be noticed in your February payment.

 

[Lightning]

The ECB rate is very likely to change Thursday week. My bet is on a 50 BPS cut to 2%.

Bank of England will cut rates first this Thursday.