Economic Research Unit

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

In addition to a daily blog, the ERU team provides weekly and monthly updates on the major economies, as well as regular reports on the Irish economy.  Our latest publications are available for download here.

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

Dollar a touch firmer

24.05.2017 Daily blog

Some relief for the dollar with the US currency gaining around a cent against the euro from yesterday’s low point to trade just below $1.12 this morning . This as the market once again prices in a strong chance that the Fed will raise interest rates at next month’s meeting, having pared back the likelihood of such a move  […]

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  • ire

    Ireland Newsflash – May 2017


    Strong start to the year; Employment up 3.5% y-o-y in Q1; Unemployment falls to 6.8%, Labour force growth of 1.6% y-o-y. Download the newsflash in full here: BOI_IRELAND_NEWSFLASH_May_2017

  • uk

    UK Outlook – February 2017


    Softer Growth in Store: GDP to grow by 1.6% in 2017; Consumer spending to slow to 1.7%; Unemployment rate to average 5.2%; Inflation to rise to 2.8% Download the UK Outlook in full here: BOI_UK OUTLOOK_FEBRUARY 2017

  • videos

    Ireland Outlook – February 2017


    Domestic activity to drive growth against an unsettled external backdrop

  • weekly round up

    Weekly Round Up 19.05.2017


    This week’s highlights: Dollar weaker; Brent oil up $3 on week; UK retail sales rebound in April; UK inflation rises further. Read the full Weekly Round Up below: Weekly Round Up 19 May 2017

  • b

    The Bulletin April 2017


    The UK PM’s surprise decision to call a general election for June 8 prompted a jump in sterling to a 9-month high of 83.5p against the euro, although it gave up some of these gains following the result of the 1st round of voting in the French presidential election. This showed the independent centrist candidate, Emmanuel Macron, […]

  • em

    Emerging Markets Update – April 2017


    IMF sees strengthening growth in EMEs: China’s growth picks up in Q1; Inflation in India edging higher; Russia’s economy grew in Q4; Brazilian central bank cuts rates. Download the Update in full here: Emerging Market Update April 2017

Meet the team



Dr. Loretta O’Sullivan

Group Chief Economist
Bank of Ireland

+353 (0) 766 244 267

Michael Crowley, Senior Economist
+353 (0) 766 244 268

Patrick Mullane, Senior Economist
+353 (0) 766 244 269

Conn Creedon, Senior Economist
+353 (0) 766 235 134

Andrew Hopkins, Economist
+353 (0) 766 248 246