Ireland ‘risks mother of all recessions’ if Trump wins battle to lower interest rates, says economist who predicted Celtic Tiger crashAlan Ahearne warns of financial crisis ‘worse than 2008’ if US president wins bid for lower interest ratesWorld is at risk of ‘mother of all financial crises’ if Donald Trump gains control of US Federal ReserveNiamh Horan Today at 06:30A former economic advis­er to Taoiseach Micheál Martin has said a move by Donald Trump to control the US Federal Reserve will leave Ireland at ­severe risk of being hit by “the mother of all recessions”.

Source: Irish Independent January 18, 2026 05:45 UTC