The Central Bank of Ireland, which is responsible for safeguarding the financial system, publishes a quarterly bulletin on Wednesday showing unemployment will fall below 5 per cent as the economy continues growing this year. “At a time when the economy is growing strongly, a stable policy that does not add to demand should be maintained,” he said. He added that governments themselves decided how to achieve those aims, and that the Central Bank did not comment on elections. The Central Bank estimates that 26,000 new homes will be built this year, possibly rising to 30,000 in 2021. Mr Cassidy said the Republic needed to stay “attractive” to overseas investors to help ensure this growth continued.

Source: The Irish Times February 12, 2020 03:56 UTC