SBP editorial: Time for economy to ‘lean against the wind’

The economic omens continue to darken and, to quote a speech given last week by Sharon Donnery, deputy governor of the Central Bank, Ireland may find itself needing to “lean against the wind” sooner than it thinks.

Just last week, credible figures from both inside Ireland and outside made well-reasoned arguments that the next economic calamity will happen sooner rather than later and that Ireland needs to prepare itself.

Last week, in a ...