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

Equity markets under pressure

23.03.2018 Daily blog

An increase in trade tensions, as the US proposes tariffs on imports from China and China promises  retaliatory action, is weighing on equity markets. The main stock indices in the US were off between 2.5% and 3% yesterday, while Asian equities have also been hit hard overnight. European stocks are opening weaker again this morning also, having […]

Read more
  • Ireland Newsflash – March 2018


    Economy grew by 7.8% in 2017; Consumer spending increased by 1.9%; Investment fell by 22.3%; Exports increased by 6.9%. Download the newsflash in full here: BOI_IRELAND_NEWFLASH_MARCH_2018  

  • UK Outlook – February 2018


    Steady as she goes for the economy: GDP growth of 1.7% in 2018; Consumer spending to slow to 1.0%; Unemployment rate to average 4.3%; Inflation elevated at 2.7%. Download the UK Outlook in full here: BOI_UK_Outlook_February_2018

  • Ireland Outlook – July 2017


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

  • Weekly Round Up 23.03.2018


    This week’s highlights: Equity markets lower; Sterling firmer vs €; Fed hikes interest rates; BOE keeps rates on hold. Read the full Weekly Round Up below: Weekly Round Up 23 March 2018

  • The Bulletin December 2017


    The Fed raised interest rates by 25bps for a third time in 2017 at its final meeting of the year in December, and indicated that three further quarter point hikes are likely to be warranted in 2018. It revised up its forecast for GDP growth this year to 2.5%, largely on account of an assumed fiscal boost […]

  • Emerging Markets Update – December 2017


    Favourable outlook for EMEs: Continued solid growth in China; Moody’s raise India’s debt rating; Russian central bank cuts rates; Brazilian growth accelerates. Download the Update in full here: Emerging Markets Update December 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