Economic Research Unit

The Economic Research Unit (ERU) provides commentary and analysis of economic and market events in Ireland, the UK, the Euro Area and US.

In addition to a daily blog and weekly update, the ERU prepares regular reports on the global, UK and Irish economies and also produces the Bank of Ireland Economic Pulse, a monthly indicator charting changes in consumer and business sentiment in Ireland. Our latest publications are available for download here.

If you would like to get in touch, you can contact the team on


Bond yields nudge up

22.06.2021 Daily blog

The euro and the pound have both regained a little ground against the dollar to trade at about $1.19 and $1.39 respectively this morning, leaving the single currency-sterling exchange rate hovering a touch above 85.5p (the trading range for this pair has been very tight – 85.5p to 86.5p – over the past month or […]

Read more
  • Weekly Round Up 18.06.2021


    This week’s highlights: EUR/$ lower on week; Sterling loses ground to $; UK inflation up to 2.1% in May; US retail sales dip in May . Read in full: Weekly Round Up 18 June 2021  

  • Global Watch – June 2021


    Global economy on the mend Download the Global Watch in full here: Bank of Ireland_Global Watch_June 2021    

  • Ireland Outlook – February 2021


    A dose of optimism for the economy as the vaccine cavalry arrives Download the Ireland Outlook in full here: Bank_of_Ireland_Ireland_Outlook_February_2021  

  • Ireland Interim Update – May 2021


    Irish GDP growth forecast for 2021 revised up to 5.8%   Download the Interim Update  in full here :                                                                   Bank of Ireland Ireland Outlook Interim Update May 2021

  • UK Outlook – February 2021


    Light at the end of the tunnel for the economy Download the UK Outlook in full here: Bank_of_Ireland_UK_Outlook_February_2021    

  • UK Interim Update – May 2021


    2021 GDP growth forecast upgraded to 6.2%   Download the Interim Update in full here :                                                                         Bank of Ireland UK Outlook Interim Update May 2021

Meet the team



Dr. Loretta O’Sullivan

Group Chief Economist
Bank of Ireland

+353 (0)1 250 8900
Ext 44267

Michael Crowley, Senior Economist
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Ext 44268

Patrick Mullane, Senior Economist
+353 (0)1 250 8900
Ext 44269

Conn Creedon, Senior Economist
+353 (0)1 250 8900
Ext 35134

Diane Woods, Economist/Operations Manager
+353 (0)1 250 8900
Ext 47111