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.

In addition to a daily blog and weekly update, the ERU prepares regular reports on the global, UK and Irish economies and also produces the Bank of Ireland Economic Pulse, a monthly indicator charting changes in consumer and business sentiment in Ireland. Our latest publications are available for download here.

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


Main currencies not much changed

27.07.2021 Daily blog

The main currency pairs are not much changed this morning with the euro still hovering just below $1.18 against the dollar and sterling trading just under $1.38 against the US currency, which leaves the pound marginally firmer against the euro at about 85.5p European equity markets closed slightly lower yesterday and are down a touch […]

Read more
  • Weekly Round Up 23.07.2021


    This week’s highlights: EUR/$ marginally weaker; Bond yields lower again; ECB remains on hold; UK retail sales recover in June. Read in full: Weekly Round Up 23 July 2021

  • Global Watch – June 2021


    Global economy on the mend Download the Global Watch in full here: Bank of Ireland_Global Watch_June 2021    

  • Ireland Outlook – February 2021


    A dose of optimism for the economy as the vaccine cavalry arrives Download the Ireland Outlook in full here: Bank_of_Ireland_Ireland_Outlook_February_2021  

  • Ireland Interim Update – May 2021


    Irish GDP growth forecast for 2021 revised up to 5.8%   Download the Interim Update  in full here :                                                                   Bank of Ireland Ireland Outlook Interim Update May 2021

  • UK Outlook – February 2021


    Light at the end of the tunnel for the economy Download the UK Outlook in full here: Bank_of_Ireland_UK_Outlook_February_2021    

  • UK Interim Update – May 2021


    2021 GDP growth forecast upgraded to 6.2%   Download the Interim Update in full here :                                                                         Bank of Ireland UK Outlook Interim Update May 2021

Meet the team



Dr. Loretta O’Sullivan

Group Chief Economist
Bank of Ireland

+353 (0)1 250 8900
Ext 44267

Michael Crowley, Senior Economist
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Patrick Mullane, Senior Economist
+353 (0)1 250 8900
Ext 44269

Conn Creedon, Senior Economist
+353 (0)1 250 8900
Ext 35134

Diane Woods, Economist/Operations Manager
+353 (0)1 250 8900
Ext 47111