Economics

Ian Guider: A year in which the tech sector slumped, inflation roared back and Irish banks did well

Ireland’s exchequer was awash with cash in 2022 and it needed to be as it stepped in to help businesses and households struggling with inflation, but housing remained the biggest problem for the government

Housing remained the biggest problem for the government

It was a year when one global threat replaced another. When inflation roared for the first time in a generation. When central banks finally called a halt to a decade of ultra cheap money.

It was a year when governments dug deep to pay for the cost of rising energy. A year when the bubble appears to have burst in the technology sector. A year when the caricature of Elon Musk as a megalomaniac became ...