News

Jul 02
Biden says Dems need ‘two more votes’ in the Senate to change the filibuster and codify abortion rights

President Biden called on Americans to vote in November to expand Democrats majority in the Senate by 2, so that his party has the votes to reform the filibuster in order to pass a law that guarantees American women the right to an abortion in all 50 states. “Congress is going to have to act […]

Jul 02
Gold pares losses after a dip below the key $1,800 mark; silver settles at a 2-year low

Gold futures pared much of their losses by Friday’s settlement, after a dip below the key $1,800-an-ounce mark, while worries that a recession would hurt demand for industrial metals pulled silver prices to their lowest in about two years. Gold moved up from the session lows after the 10-year Treasury yield extended declines following a […]

Jul 02
Labour market recovery after the pandemic – Central Bank report

Q4 2021 saw 2.5 million people in employment, the highest on record. Strong employment was supported by the domestic labour force, with migration playing a smaller role Two groups drove this labour force expansion; under 25s and women over 35.  Evidence that there are longer running trends that have encouraged women to remain part of […]

Jul 02
Central Bank of Ireland hosts inaugural meeting of the Climate Forum and publishes Sustainable Investment Charter

Climate Forum will meet twice yearly and brings together climate change experts, industry representative bodies, regulated firms, and Central Bank representatives. Central Bank also publishes its first Sustainable Investment Charter. Charter provides a guide to apply sustainable investment principles to the Central Bank’s investment assets. The Central Bank of Ireland has hosted the inaugural meeting […]

Jul 02
Statement – Post CEO Roundtable

The Central Bank of Ireland welcomes the statement from the Banking and Payments Federation Ireland (BPFI) following Tuesday’s CEO roundtable meeting, at which the retail banks set out the programme of work being undertaken by the sector to manage the migration of personal and business bank accounts. The work outlined focuses on the four areas […]

Jul 02
Central Bank of Ireland Issues Warning on Unauthorised Firm – Fraudulent firm clones Fire Financial Services Limited T/A fire.com and Fire

It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity has been claiming to be a retail credit firm in the State in the absence of an appropriate authorisation. In this instance the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firms in order to deceive consumers. […]