Dan O’Brien: A number of ifs and buts could yet cloud Central Bank’s rosy forecast

The outlook for a return to normal appears comparatively good, but Omicron’s impact has the potential to squeeze global economic activity throughout 2022

The Central Bank of Ireland: our persistently high inflation rate raises questions as to whether Ireland, like the US, has over-stimulated the economy

Your columnist spent a decade plugging numbers into models to predict how economies would perform in the future. We all have our regrets in life.

Economic forecasting is of some value in calm times when economies are humming along smoothly. It is of less value in a time of pandemic, when the world lives under the constant threat of new virus variants which risk putting everything and every one back to square one.

Much uncertainty ...