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

Quiet start to the week

20.02.2018 Daily blog

It was a relatively quiet start to the week, with the US on a public holiday. Still, we did see the euro slip further against the dollar and it’s now back trading at around $1.2350, which is about  2 cents down from last week’s high Indeed, the dollar is firmer all round, clawing back ground against the yen […]

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  • Ireland Newsflash – January 2018


    Job gains continued in Q3 2017; Employment up 2.2% y-o-y, Unemployment rate at 6.7%, Labour force growth of 0.5% y-o-y. Download the newsflash in full here: BOI_IRELAND_NEWSFLASH_JANUARY_2018

  • 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 16.02.2018


    This week’s highlights: Equity markets rebound; EUR/$ up on week; Sterling gains vs dollar; UK CPI inflation 3.0% in Jan. Read the full Weekly Round Up below: Weekly Round Up 16 February 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