We must prepare for a future shock

Two of the world’s three big central banks are expected to raise interest rates shortly – and that means both danger and opportunity

4th October, 2015
Bank of England

Ireland knows all too well the dangers of international economic shocks. As a country we have suffered as much economic pain from the financial crisis as almost any other country in the world, save Greece. Being prepared should be our motto from now on. Being prudent should be our approach to the future.

The global economy is coming into a very important moment where the central banks of some of the largest economies are setting...

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