View this email in your browser Business Today Friday, 11 September, 2026 Editor's Note Good morning, reader The European Central Bank had been expected to increase interest rates on Thursday for some time, but after hiking rates by a quarter point and revising up its inflation forecasts, it seems clear there will be more increases to follow what ECB president Christine Lagarde called a “no brainer” decision. Eoin Burke-Kennedy reports on the decision while Conor Pope assesses the impact of the rate on the general population. Cliff Taylor meanwhile casts his eye over the move and looks at what may come next. Eoin also reports on Irish inflation rising to 3.7 per cent last month. Higher prices across Europe have been a key driver of the interest rate decision. Continue Reading Peter Flanagan   TOP BUSINESS STORIES Business Ireland’s interns: how to turn a three-month stint into a long-term career Business LDA agrees to buy what will be Ireland’s tallest building Business Contactless payments usage to get boost from public transport, BPFI says Business Westport Estate’s CEO on its two-year closure: ‘There’s a lot of money being spent here’ Business Mortgages in the firing line as ECB increases interest rates by 0.25 percentage points Eoin Burke-Kennedy The Brexit lesson guiding Mark Carney’s response to Trump’s tariffs MORE BUSINESS STORIES Business Netflix announces 12% price hike, with its standard plan now €18.99 a month Business Oil leaps past $105 as bond sell-off flares again Business French group to buy most of pharmacy services firm Navi in deal valued at over €50m Business Ryanair boss Michael O’Leary criticised over ‘high-fare rapists’ comments Do you have questions about becoming an Irish Times subscriber, or about your subscription? You'll find handy guides in our FAQs, and you can manage many aspects of your subscription in the My Account section. Never miss a business story Subscribe now for just €1 for your first month SUBSCRIBE