Irish Economy
Upside risk to UK wage growth forecasts for Q4
The Bank of England’s (BoE) November meeting takes place this week. While no change to Bank Rate is expected, a cut at next month’s meeting is possible despite some upside risk to...
Federal Reserve casts doubt on a December rate cut
The Federal Reserve yesterday (October 29th) eased the Federal Funds Rate by 25bp, as expected. However, more hawkish commentary from Chair Jay Powell resulted in some mild upward...
A surprising slowdown for US inflation in tariff-affected items
US consumer prices grew by less than expected in September, the much-anticipated data showed this afternoon. A widespread expectation was already for a cut to the Federal Funds...
Housing completions increase but still underwhelm in Q3
New dwelling completions increased modestly in Q3, owing to an underwhelming result for scheme houses. By contrast, single (one-off) houses grew strongly while apartments were close to...
Residential property prices to continue rising faster than 7%
The main Irish data releases this week include August residential property prices and monthly payrolls. We expect continued growth above 2% for payrolls and that residential property...
Why Budget 2026 will not overheat the Irish economy
In this report, we welcome the emphasis in Budget 2026 on infrastructure and housing given significant and well-documented shortfalls in these areas. We also find limited evidence that...
Budget 2026 surpluses boosted by corporation tax
With a continuing US government shutdown, the release schedule for the week ahead is relatively light, apart from Ireland’s Budget 2026 tomorrow (October 7th). Last week, the...
This week: US payrolls and Irish exchequer returns
Our main focus for data releases this week will be on September data for US payrolls and Ireland’s exchequer returns. Speeches by Federal Reserve officials last week saw less market...
US economy continues to grow despite weak payrolls
The week ahead is relatively quiet for major macroeconomic data releases. Flash purchasing managers’ index (PMI), US GDP and housing updates are highlights.
This week: ECB forecasts, US payrolls revisions and UK GDP
The Governing Council of the European Central Bank (ECB) meets this week and updated staff macroeconomic projections are also due. Annual revisions to US payrolls for the year to...
