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.

The ERU prepares regular reports on the global, UK and Irish economies. Our latest publications are available for download here.

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


Sterling lower after BOE holds rates

22.09.2023 Daily blog

Sterling has lost ground after the Bank of England decided to leave interest rates unchanged following its latest monetary policy meeting – slightly wrongfooting the market which had leaned towards a rate hike – though it is off its lows trading at $1.2260 against the dollar and at around 86.7p to the euro. The single […]

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  • Weekly Round Up – 22.09.2023


    This week’s highlights: Fed’s ‘hawkish’ hold; BOE leaves rates unchanged; UK core inflation falls to 6.2%; Soft PMIs again in September. Read in full: Weekly Round Up 22nd September 2022  

  • Global Watch – August 2023


    The main central banks have raised interest rates further over the summer, with tighter policy to be a drag on economic growth. Download the Global Watch in full here: Bank of Ireland_Global Watch_August 2023    

  • Ireland Outlook – July 2023


    GDP masking true picture Read the Ireland Outlook in full here: Bank of Ireland Ireland Outlook July 2023

  • Ireland Infographic – July 2023


    Irish GDP forecast to increase by 4.0% this year and by 5.0% next year. Download the Ireland infographic here: Bank of Ireland Ireland Infographic July 2023

  • UK Outlook – July 2023


    Modest growth ahead, downside risks rising Download the UK Outlook in full here: Bank of Ireland UK Outlook July 2023  

  • UK Infographic – July 2023


    GDP forecast to grow by 0.2% this year and by 0.8% in 2024 Download the UK infographic here: Bank of Ireland UK Infographic July 2023  

Meet the team

Michael Crowley, Senior Economist
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Patrick Mullane, Senior Economist
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Conn Creedon, Senior Economist
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Diane Woods, Economist/Operations Manager
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