Mark Carney

432 results

Some industries will already be cutting shifts and ditching hiring plans and it will now only be a matter of days before we hear of lay-offs, short-time work plans, protective notice, a raft of temporary closures and so on. Photograph: iStock

A sharp jolt downwards in economic activity will now happen as the Government increases the level of its response. There are already signs of slower s(...)

The impact of slowing global growth or a global recession on foot of the virus is likely to be a bigger negative for Ireland’s export-heavy economy

Might Brexit and the coronarvirus paradoxically help the Irish economy? After five years of supercharged growth the economy has run out of road. Cap(...)

An American flag flies outside the Marriner S. Eccles Federal Reserve building in Washington.

US stocks surged with two-year treasuries after the Federal Reserve announced an emergency rate cut to combat the economic effects of the coronavirus.(...)

 In the UK experts are saying that at the peak of the outbreak in Britain  as many as one in five people might be missing from work, implying a massive short-term disruption. Photograph: Eamonn Farrell/RollingNews.ie

As international experts cut forecasts for world economy growth, the risks to the Irish economic outlook for the rest of this year are rising. Taois(...)

The peculiar way in which the UK is currently being run sees Boris Johnson as the chairman of the board and Dominic Cummings (above) as the unelected CEO

The two great economic offices of the British state, the Bank of England and the Treasury, are currently being run by two alumni of Goldman Sachs. It (...)

Facebook’s Libra was the most high-profile proposed digital currency to date but it faced a host of fundamental issues

Major central banks are looking at the case for issuing their own digital currencies, the Bank of England and European Central Bank said on Tuesday, (...)

The Bank of England researchers said even with a significant supply response, the jump in real house prices since 1985 wouldn’t have been that much less, and that the real driver of prices was cheap credit. Photograph:  Sam Boal/Photocall Ireland

Chronic undersupply is frequently blamed for pushing up house prices. It’s the dominant narrative here. But a recent Bank of England study suggests th(...)

Annual growth in retail sales volumes dropped to 0.9 per cent

British consumers failed to increase their spending in December for a record fifth month in a row, adding to signs of a weakening economy that might p(...)

Tánaiste Simon Coveney on  the BBC’s  Andrew Marr Show on Sunday.

Passing law to prevent the extension of Brexit negotiations will not force the EU to rush into a deal, Tánaiste Simon Coveney has warned. Mr Coveney (...)

Cairn Homes, which said it had sold more than 220 Dublin dwellings  to an investment firm-backed landlord for €78m, finished up 0.6%  at €1.30

European shares fell modestly on Friday on weaker-than-expected US jobs growth, but travel and leisure stocks gained after Ryanair raised its profit f(...)

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