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

Sterling steadier

12.12.2017 Daily blog

Sterling is steadier this morning, having fluctuated quite a bit over the past couple of days. It is trading just above 88p against the euro this morning, and at around $1.3350 against the dollar. Meanwhile, the euro, at a little below $1.18 against the dollar, continues to trade well within the range of $1.15 to $1.21 that has prevailed over the […]

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  • Ireland Newsflash – September 2017


    Continued employment growth; Employment up 2.4% y-o-y in Q2; Unemployment falls to 6.2%, Labour force growth of 0.1% y-o-y. Download the newsflash in full here: BOI_IRELAND_NEWSFLASH_SEPTEMBER_2017

  • UK Outlook – July 2017


    Softer growth materialising: GDP to grow by 1.6% in 2017; Consumer spending to slow to 1.7%; Unemployment rate to average 4.6%; Inflation to rise to 2.8%. Download the UK Outlook in full here: BOI_UK_OUTLOOK_JULY_2017

  • Ireland Outlook – July 2017


    The Irish Economy: The economic outlook remains positive, albeit with some clouds on the horizon.

  • Weekly Round Up 08.12.2017


    This week’s highlights: Brexit Talks onto Phase 2; Sterling firmer vs Euro; Eur/$ falls to $1.1750; US Payrolls up 228k in Novemeber. Read the full Weekly Round Up below: Weekly Round Up 8 December 2017

  • The Bulletin November 2017


    The euro has recovered some ground against the dollar from the low point it reached following the October ECB meeting, though at around $1.18 it still remains off the highs of $1.21 it set in late September. High frequency data suggest the Euro area economy is growing quite strongly, and the labour market is continuing its steady […]

  • Emerging Markets Update – November 2017


    Positive outlook for EMEs: OECD raises forecasts for China; India’s GDP up 6.3% in Q3; Russian growth slows in Q3; Brazilian central bank cuts rates. Download the Update in full here: The Emerging Markets November 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