Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
Investing.com -- Ireland’s economy may grow at a slower pace than previously forecast due to changing U.S. policies, the Central Bank of Ireland said in its quarterly outlook on Thursday.
The central bank warned that U.S. tariffs announced in early April would significantly impact Irish economic growth in the coming years, though it would likely not cause a prolonged economic contraction.
"Ireland is experiencing, and can be expected to further experience, the fallout from changing geo-economic relationships and priorities," said Robert Kelly, director of economics at the Central Bank of Ireland.
The central bank’s report indicated that government tax revenue could fall sharply as a result of these policy changes, adding another layer of economic uncertainty for the country.
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