If so, focussing on these domestic policy issues is what is needed to ensure that Ireland can reach its full potential in the euro area. References Boyle, G.E. and P.T. Geary. 2004. “The Irish Currency Report of 1804.” Central Bank of Ireland Quarterly Bulletin (Spring): 107–127. Brülhart, Marius and Mary J. Kelly. 1999.
We will continue to watch all the data closely, as well as developments in financial markets, in terms of their impact on the outlook for inflation. We recognize that the economy may act differently than in previous cycles. We will not be mechanical in our approach to monetary policy. Let me quickly make one final point.