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.

The ERU prepares regular reports on the global, UK and Irish economies. Our latest publications are available for download here.

If you would like to get in touch, you can contact the team on economics@boi.com.

 

Trump’s tariff threat roils markets

13.10.2025 Daily blog

Donald Trump caused a stir in markets on Friday afternoon. His threat to slap a ‘massive’ additional 100% tariff on China from 1st November- in response to the latter’s imposition of export controls on rare earths – led to a sharp sell-off in equity markets and a fall in bond yields, while the dollar gave […]

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  • Weekly Round Up

    Irish housing transactions now settled €30,000 over asking

    10.10.2025

    Yesterday, we published the latest Bank of Ireland, MyHome report on the Irish housing market. Asking price inflation slowed to 5.7% in Q3 2025. This is a welcome sign house price rises are moderating, closer to the current pace of pay growth (5.3%). So the recent deterioration in affordability is easing. Nonetheless, the market remains […]

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  • Global Watch

    Global Watch September 2025

    11.09.2025

    After a nine-month hiatus, the Fed looks set to resume lowering interest rates as it balances upside risks to inflation and downside risks to employment. We expect it to cut by 25bps this month and by a further 75bps by mid-2026. With Euro area inflation back at target and the deposit rate in broadly neutral […]

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  • Ireland Outlook

    Ireland Outlook – July 2025

    16.07.2025

    New Ireland Economic Forecasts  Our new forecast is for 8.1% GDP growth in 2025, slowing to 3.2% in 2026. These upward revisions reflect the surge in exports and multinational output over the past 12-months, but also buoyant consumer and public spending. Our forecast for modified domestic demand has been revised up slightly to 2.9% growth […]

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  • Ireland Infographic

    Ireland Infographic – July 2025

    16.07.2025

    We expect GDP will expand by 8.1% in 2025 and by 3.2% in 2026. Download the Ireland Infographic here: Bank of Ireland Ireland Infographic July 2025  

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  • UK Outlook

    UK Outlook – September 2025

    19.09.2025

    Moderate growth amidst fiscal challenges. We have slightly adjusted our GDP growth projections, pushing up this year to 1.3% (from 1.1%) and reducing 2026 to 1.2% (from 1.3%). The upcoming Budget will require measures to reduce the deficit, weighing a bit on activity next year. We expect growth to pick up to 1.5% in 2027 […]

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  • UK Infographic

    UK Infographic September 2025

    19.09.2025

    We expect UK GDP will increase by 1.3% this year, 1.2% in 2026 and 1.5% in 2027. Download the UK infographic in full here: Bank of Ireland UK Infographic September 2025

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Meet the team

Conall Mac Coille, Group Chief Economist
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Michael Crowley, Senior Economist
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Patrick Mullane, Senior Economist
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Conn Creedon, Senior Economist
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Diane Woods, Economist/Operations Manager
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