CASH-STRAPPED householders who are struggling to pay their bills have been warned to expect even more financial hardship once interest rates are hiked.
The European Central Bank is expected to raise them for the first time in a decade over the summer to combat soaring inflation across the continent.
However, financial watchdogs have told of their concern that low-income families across Ireland are likely to be the hardest hit by the anticipated hikes.
This story is from the May 30, 2022 edition of Irish Daily Mirror.
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This story is from the May 30, 2022 edition of Irish Daily Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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