Friends First chief economist Jim Power says the biggest threat to the economy remains political

The Irish economic recovery is gathering pace and becoming more broadly based, according to a new report that predicts gross domestic product(...)

European Central Bank (ECB) president Mario Draghi: hints at action have been so strong that doing nothing would risk huge disappointment in financial markets. Photograph: Darrin Zammit Lupi/Reuters

The European Central Bank looks set to inject fresh stimulus into the euro zone’s economy on Thursday after its president, Mario Draghi, said h(...)

Mario Draghi, president of the European Central Bank: he has warned about about increased risks to growth and inflation. Photograph:  Kay Nietfeld/AFP/Getty Images

The world’s two biggest central banks will move decisively in opposing directions in the coming week, with the ECB almost certain to ease poli(...)

“If there’s anyone who has the market’s firm belief that they can over-deliver, it’s always going to be Mario Draghi.”

The euro is set for its longest stretch of weekly declines versus the yen since the common currency’s creation in 1999 as anticipation builds t(...)

Traders are pictured at their desks in front of the DAX board at the stock exchange in Frankfurt, Germany. Photograph: Reuters

European shares hit fresh three-month highs yesterday, rising in thin trade as expectations grew for aggressive European Central Bank (ECB) (...)

Oireachtas Banking Inquiry: Reprt was not fit for purpose, according to many of the 11 committee members, who wanted to rip it up and start again.

“The real strength of the inquiry is its ability not just to look at one document in isolation but to draw together the different strands from various(...)

Former taoiseach Brian Cowen  left the inquiry hearings without suffering further blows to his reputation. Photograph: Cyril Byrne/The Irish Times

Talking privately to members of the banking inquiry in recent days, they sounded less like doctors trying to keep it alive and more like pathologists (...)

Parity no one-way bet With the Federal Reserve about to finally hike interest rates and the ECB expected to announce further easing measures in Europe(...)

Draft report of the banking inquiry described as “not fit for purpose”.

At weekends, Government buildings are usually as silent and deserted as the Overlook Hotel in the film The Shining. But one such building, Agricultur(...)

Senator Susan O’Keeffe, who along with Eoghan Murphy is leading a team to produce a new banking inquiry report. Photograph: James Flynn

Members of the Oireachtas banking inquiry may have to meet on Christmas Day, St Stephen’s Day and New Year’s Eve in efforts to salvage a final report.(...)