ECB policymaker Martin Kocher confirms the central bank has detected no secondary economic ripples from Middle Eastern tensions, though indirect pricing pressures remain under close surveillance.
Author: Ronan Buckley (Ronan Buckley)
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U.S. Inflation Unexpectedly Declines in June 2024 as Energy Costs Drop and Core Price Pressures Moderate
June 2024 inflation data reveals a stronger-than-anticipated cooling of consumer prices, driven by falling gasoline costs and easing underlying price pressures, offering relief to American households and potential policy implications for the Federal Reserve.
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Ireland’s Delayed Sovereign Wealth Fund Decision May Have Cost Billions in Lost Returns
Analysis reveals Ireland's prolonged deliberation on establishing sovereign wealth funds may have resulted in substantial foregone investment returns, as the nation accumulated unprecedented fiscal surpluses without a strategic long-term investment vehicle.
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Ireland’s Delayed Sovereign Wealth Fund Strategy Results in Significant Financial Opportunity Loss
Ireland's prolonged hesitation in establishing a comprehensive sovereign wealth fund framework has potentially cost taxpayers billions in investment returns, as the nation failed to capitalise on optimal market conditions during the post-recovery period.
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Irish Business Formation Surges with Nearly 15,000 New Company Registrations in 2024
Ireland's entrepreneurial landscape demonstrates robust growth as close to 15,000 new business entities have been established throughout 2024, signaling continued confidence in the nation's economic environment despite global uncertainties.
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Taoiseach Defends Borrowing Strategy for Ireland’s National Reserve Fund Despite Central Bank Concerns
Simon Harris has defended the potential use of borrowed capital to bolster Ireland's financial reserves, positioning himself at odds with previous guidance from the Central Bank of Ireland governor who questioned the economic rationale of such an approach.
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Ireland’s National Debt Servicing Costs Set to Double by Decade’s End
The National Treasury Management Agency projects Ireland's annual debt servicing expenditure will reach approximately €10 billion by 2030, marking a substantial escalation in fiscal obligations for the Irish Exchequer.
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Irish Tax Revenues Surge to €50 Billion in Six Months, Strengthening Government Budget Position
Ireland's combined income and corporation tax receipts reached €50 billion during the initial six months of the year, providing significant fiscal capacity for budgetary measures as the government prepares spending plans.
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Irish Services Sector Records Strongest Five-Month Expansion in June Amid Easing Geopolitical Tensions
Ireland's services industry achieved its most robust monthly expansion since January, driven by diminishing geopolitical uncertainties and moderating inflation pressures that stimulated commercial activity across the sector.
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Tánaiste Harris Dismisses Connection Between Fuel Duty Postponement and Protest Concerns
Simon Harris has rejected suggestions that government concerns over potential fuel demonstrations influenced the decision to postpone the restoration of excise duty rates in Ireland.