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.

 

Dollar on the front foot

01.05.2024 Daily blog

Markets have taken their cue from stronger than expected wage growth data in the US, pushing the dollar and bond yields higher and equities lower ahead of the Fed’s latest monetary policy announcement later this evening. The dollar has strengthened to around $1.0650 and $1.2470 vis-à-vis the euro and sterling respectively, leaving EURGBP little changed […]

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  • Weekly Round Up

    April Stability Programme Update Published

    26.04.2024

    April’s Stability Programme Update (SPU), published this week, shows the Department of Finance still expect a substantial budget surplus of €8.6bn (2.8% of GNI*) in 2024, driven by a still robust outlook for the Irish economy. Crucially, the Department still believes the unexpected 25% fall in corporate tax revenues in Q1 2024 was a temporary […]

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  • Global Watch

    Global Watch – January 2024

    26.01.2024

    Following a much sharper than expected decline in inflation over the latter part of 2023, the market expects the main central banks to begin lowering interest rates in the second quarter of this year. Download the Global Watch in full here: Bank of Ireland_Global Watch_January 2024  

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  • Ireland Outlook

    Ireland Outlook – February 2024

    06.02.2024

    Domestic economy growing despite headline GDP fall Read the Ireland Outlook in full here: Bank of Ireland Ireland Outlook February 2024    

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  • Ireland Infographic

    Ireland Infographic – February 2024

    06.02.2024

    Irish GDP forecast to increase by 1.5% this year and by 4.0% next year. Download the Ireland infographic here: Bank of Ireland Ireland Infographic February 2024      

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  • UK Outlook

    UK Outlook – February 2024

    21.02.2024

    With inflation set to decline further this year, economic activity is projected to pick up gradually driven by a recovery in consumer spending – with GDP growth of 0.4% for the year as a whole. Growth should strengthen further in 2025, to about 1.2% on an annual basis, while unemployment will remain relatively low this […]

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  • UK Infographic

    UK Infographic – February 2024

    21.02.2024

    GDP forecast to grow by 0.4% this year and by 1.2% in 2025 Download the UK infographic here: Bank of Ireland_UK Infographic_February 2024  

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Meet the team

Michael Crowley, Senior Economist
+353 (0)1 250 8900
Ext 44268
Email

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

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

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