Archive for December 2024

The European Central Bank should make future monetary policy decisions based on upcoming risk rather than the latest economic data, ECB chief economist Philip Lane told the Financial Times in an interview published today. “Once the disinflation process (is) completed, then I think monetary policy needs to be essentially forward-looking, and to be scanning the…

The country’s manufacturing sector saw a slight downturn in November, with a survey today showing a contraction in activity as new orders weakened. The latest AIB Ireland Manufacturing PMI fell to 49.9 from 51.5 in October. A PMI reading above 50 indicates growth, while below that level signals a contraction. This marks the third time…