{"id":497374,"date":"2026-06-13T07:01:17","date_gmt":"2026-06-13T07:01:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/497374\/"},"modified":"2026-06-13T07:01:17","modified_gmt":"2026-06-13T07:01:17","slug":"ennis-econimist-says-ecb-interest-rate-hike-in-best-interest-of-society","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/497374\/","title":{"rendered":"Ennis Econimist Says ECB Interest Rate Hike In Best Interest Of Society"},"content":{"rendered":"<p>An Ennis economist says the latest ECB rate increase is in the best interests of society in the long term.<\/p>\n<p>The European Central Bank has announced a rate increase of a quarter of one percent from June 17th, with the aim of restoring inflation to 2 percent over the medium term.<\/p>\n<p>It says the outlook remains uncertain, with the full implications of tensions involving the United States and Iran yet to be realised.<\/p>\n<p>Ennis native and Assistant Professor of Social Policy at UCD, Miche\u00e1l Collins, has described the move as a first step towards putting the brakes on inflation during very uncertain economic times.<\/p>\n<p>Listen to the full interview here<\/p>\n","protected":false},"excerpt":{"rendered":"An Ennis economist says the latest ECB rate increase is in the best interests of society in the&hellip;\n","protected":false},"author":2,"featured_media":497375,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-497374","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/497374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=497374"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/497374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/497375"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=497374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=497374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=497374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}