Brexit effect 'muted' as Central Bank ups forecast

Employment growth and weaker sterling boosting incomes, but Brexit deadlock looms

Central Bank chief economist Gabriel Fagan still concerned about Brexit. Pic: Rollingnews.ie

The Central Bank has raised its forecast for Irish economic growthfor the second time in a row, mainly due to the continuing increase in the number of people at work.

In its latest quarterly bulletin, the bank said it now expected gross domestic product to grow by 4.9 per cent this year, up from its previous 4.5 per cent forecast. It also raised its 2018 growth forecast from 3.6 per cent to 3.9 ...