Quarterly Bulletin No.2 2024

Read the full Comment for Quarterly Bulletin No.2 2024.

Léigh tráchtaireacht ar an Timpeallacht Gheilleagrach.

Note: The direct pdf page links do not work for users who are browsing on Safari

Read this chapter in full: The Irish Economy.

Note: The direct pdf page links do not work for users who are browsing on Safari

Analysing changes in inflation and forecasting its future path are important exercises in assessing overall economic conditions and as an input to domestic and monetary policy decision making.

Read signed article in full.

The Irish economy has withstood the effects of recent negative shocks and is at full employment. Starting from this favourable position, fiscal policy now has a central role to play in maintaining sustainable growth while at the same time addressing structural challenges.

Read signed article in full.

The global economy continues to tread an uncertain path marked by continued geopolitical tensions and a risk of global fragmentation in trade.

Read in full: The International Economic Outlook

Central Bank quarterly financial accounts statistics show that as of Q4 2023, aggregate Irish household financial assets are primarily comprised of ‘currency and deposits’ (38 per cent), and ‘pensions and insurance’ (44 per cent), together making up over 80 per cent of household financial assets.

Read in full: Household financial assets and the changing interest rate environment

The recent economic performance of the United States has been solid even with historically high interest rates, as confirmed by a series of data releases between end-2023 and early-2024.

Read in full: Implications of euro area-US interest rate divergence for the Irish economy

Recent developments in the life cycle of housing supply in Ireland have created some uncertainty around current forecasts for housing completions.

Read in full: Housing supply uncertainty in the delivery cycle

On the range of upward risks to present inflation, energy prices – and particularly oil prices – stand out among the most significant threats to the current path of inflation back to target.

Read in full: Risks to Irish Inflation from elevated global oil supply uncertainty