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Jim Power
Jim Power
Economic statement
Jim Power: Summer economic statement sows confusion
The key message from the statement outlined an €8.3bn budget package for later in the year but, as in previous years, is likely to be exceeded

Sun, 14 Jul, 2024

Taoiseach appoints new Ministers
Jim Power: Prudent policy to come face to face with political reality
In Budget 2024, the Government announced a package in excess of €14.2bn and were still able to deliver a surplus. An even larger package could be on the cards for October

Mon, 24 Jun, 2024

Wage slips, wages pay payslips wageslips
Jim Power: Small firms face hikes in wage costs as jobs market remains buoyant
One of the features of the labour force and the business environment that puzzles me to some extent, is the narrative about the challenges facing business owners, particularly due to labour market measures introduced by government. Yet, the reality is that the labour market remains strong

Mon, 01 Apr, 2024

Jim Power: We have a two-and-a-bit banking market that is harming customers
Jim Power: We have a two-and-a-bit banking market that is harming customers
The transfer of customers out of KBC and Ulster Bank expanded the balance sheets of the three existing banks without the trio having to try very hard. It wouldn’t exactly take a genius to generate profits in such an environment

Sun, 10 Mar, 2024

Sorry, we're closed
Jim Power: RTÉ and FAI chaos is drawing attention away from urgent economic issues
While our media and political classes are going into convulsions, the real problems and issues facing the economy are not getting anything like the attention that they deserve.

Sun, 25 Feb, 2024

Jim Power: Interest rate cuts are coming, but by how much and when are pressing issues
Jim Power: Interest rate cuts are coming, but by how much and when are pressing issues
A re-evaluation is underway of whether central banks, including the European Central Bank, will aggressively cut rates this year, writes Jim Power

Sun, 07 Jan, 2024

Jim Power: Potentially seismic political developments to influence global economics in 2024
Jim Power: Potentially seismic political developments to influence global economics in 2024
The central scenario seems to be that inflationary pressures will continue to gradually ease, but it is unlikely to be a smooth path as tight labour markets continue to pressurise services sector inflation

Wed, 27 Dec, 2023

Germany ECB Cyberattack
Jim Power: 2023 was strange overall, but 2024 could be even stranger
'Volatility, uncertainty, complexity, and ambiguity. These are all terms that could certainly describe the year just past'

Tue, 26 Dec, 2023

Housing market
Jim Power: 2023 was good year for the economy but 2024 may be more challenging
The risk is that tax increases could just injure the goose that lays the golden egg

Sun, 10 Dec, 2023

Joe Biden,Jill Biden
Jim Power: Jobs don't necessarily boost the political popularity of governments
Joe Biden won't get much credit for the buoyant US economy. His Irish counterparts face a similar fate — especially amid the continuing crime and housing crises 

Sun, 27 Aug, 2023

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