Wednesday February 26, 2020

Central Bank's starkest warning yet on no-deal Brexit

A disorderly Brexit would lead to 'a substantial and permanent loss of output' in the Irish economy, according to bank's latest bulletin

25th January, 2019
No-deal Brexit would slash growth, says Central Bank. Pic: Rollingnews.ie

The Central Bank has given a stark warning about the effects of a no-deal Brexit on the Irish economy, saying such a scenario would slash Irish economic growth next year to 1.5 per cent.

The bank’s analysis comes in its first quarterly bulletin of 2019, in which it also cuts its headline growth forecast for the Irish economy this year to 4.4 per cent, from 4.8 per...

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