
Will interest rates peak sooner than expected?
Inside Business with Ciaran Hancock
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Introduction
UK's mini-budget promising £45 billion of tax cuts funded by borrowings sent markets into a spin. Britain's new Prime Minister Liz Trost has since done an embarrassing U-turn and scrap plans to cut the top-rated tax. Meanwhile on this side of the Irish Sea, Q3 extrequer figures once again showed buoyant tax revenues with another surge in corporation taxes. But the central bank of Ireland has warned on inflation and the fact that energy prices are likely to be higher for longer. What would this mean for interest rates over time and mortgage rates for those looking to buy a house? To discuss these and other issues impacting on the global economy and markets, I'm joined
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