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

Bond yields higher again

02.12.2016 Daily blog

Bond yields jumped again yesterday, with 10-year yields in the US, UK and Germany rising by 7-9bps, partly reflecting a further increase in oil prices (Brent crude rose above $54.5 p/b for a time before easing back). Yields in the US are now closing in on 2.50%, which would be their highest level since 2014 […]

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  • ireland

    Ireland Newsflash – November 2016


    Employment growth accelerates in Q3; Employment up 2.9% y-o-y, Unemployment falls to 7.9%, Labour force growth of 1.5% y-o-y. Download the newsflash in full here: boi_ireland_newsflash_november_2016

  • uk

    UK Outlook – July 2016


    Weaker Economy Ahead: GDP to grow by 1.5% in 2016; Employment growth of 0.9%; Unemployment rate to average 5.3%; Inflation at 1.0% Download the UK Outlook in full here: BOI_UK Outlook July 2016

  • v
  • weekly round up

    Weekly Round Up 02.12.2016


    This week’s highlights: Oil prices up as OPEC cuts output; Sterling strengthens; US yields increase further; US payrolls up 178k in November. Read the full Weekly Round Up below: weekly-round-up-2-December-2016

  • b

    The Bulletin – November 2016


    The election result in the US has triggered a rise in bond yields and a strengthening of the dollar, as the market sees the new administration implementing a ‘fiscal stimulus’ package to boost growth (and that will probably also lead to higher inflation). In addition, a pick up in economic activity in Q3 and continuing solid job […]

  • em

    Emerging Markets Update – October 2016


    IMF notes ‘improved sentiment’ towards EMEs: GDP in China up 6.7% in Q3; India’s central bank lowers rates; Russia’s downturn easing; Interest rates cut in Brazil. emerging-market-update-october-2016  

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