This is another challenge for the Reserve Bank on the data and analysis side. (v)  Data on employment  Finally, I come to a major gripe. Globally, trends in employment are one of the most important inputs in setting monetary policy response. Unfortunately, we do not have any reliable nation-wide statistics on employment.
Amid turbulent market conditions, it provided a safe harbour into which Ireland was able to retreat, in order to clarify its ability and determination to deal with the severe financial problems that had so destructively erupted during the global financial crisis in September 2008.