![](https://www.irishexaminer.com/cms_media/module_img/8429/4214527_1_seoimageog_housepricepic1.jpg)
Michael Dowling: No one is predicting ECB base rates will return to the glory days of 0%
As expected, the European Central Bank (ECB) left rates unchanged following its July meeting and we wait in anticipation of the September meeting to see if the ECB reduces rates —0.25% at most will be under consideration.The likely autumnal rate reduction …