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.

 

Geopolitical tensions to the fore

19.04.2024 Daily blog

News of an Israeli drone attack on Iran overnight saw oil prices pop higher, US yields fall and safe-haven currencies gain ground, though these moves have since been partially reversed after Iran said it had no immediate plans to respond. In FX markets, the yen and Swiss franc have given up most of their initial […]

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  • Weekly Round Up

    Ireland’s rapid pace of jobs growth continues into 2024

    19.04.2024

    This week’s CSO data showing a 0.7% gain in employee numbers to 2.47 million, adds to the evidence the labour market continued to grow rapidly in early 2024. Remarkably, Irish employment is now 14% above pre-pandemic levels. This exceptional performance has been facilitated by net inward migration, although skills shortages and other bottlenecks (not least in […]

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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