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 on the back foot

27.03.2017 Daily blog

The dollar is on the back foot after Republicans abandoned a vote in Congress on the healthcare bill (due to lack of support for it), weakening to over $1.0850 against the euro and to Y110 against the Japanese yen. US bond yields have also fallen in overnight trading in Asia – by more than 5bps to circa 2.35% in the […]

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  • ire

    Ireland Newsflash – March 2017


    Economy grew by 5.2% in 2016: Preliminary estimates show GDP ahead of expectations; Domestic activity to the fore; Softer export growth. Download the Newsflash in full here: BOI_IRELAND_NEWSFLASH_MARCH_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 24.03.2017


    This week’s highlights: Dollar on the back foot; Euro up to $1.08; UK retail sales up 1.4% in February; Strong Euro area PMIs . Read the full Weekly Round Up below: Weekly Round Up 24 March 2017

  • b

    The Bulletin – February 2017


    While markets still await details of the new US administration’s economic policies, the Fed is re-entering the scene sooner than might have been expected. After waiting for a year before raising interest rates for a second time last December, it seems to be gearing up to hike again later this month judging by recent public […]

  • em

    Emerging Markets Update – February 2017


    Cautiously optimistic outlook for EMEs: China sets growth target of 6.5%; India’s GDP growth eases in Q4; Russian central bank sits tight; Brazil’s central bank cuts rates. Download the Update in full here: Emerging Market Update February 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