Warming up: Central Bank sees risk as it lifts growth forecast
While its latest bulletin is full of positive forecasts for the economy, the Central Bank says there is a risk that continued strong expansion could give rise to overheating
While the bulletin is full of positive forecasts for the Irish economy, the Central Bank says there is a "material risk" that the continued strong expansion could give rise to overheating and sustained upward pressure on wages,
It sees growth over the next couple of years coming mainly from the domestic economy, with "solid" growth in consumer spending and investment as households' financial situation improves and construction activity ramps up. The bank believes, however, that...
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