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Central Bank Revises Down Housing and Growth Forecast

Summary by RTÉ
The Central Bank is revising downwards its forecast for how many homes will be built this year and over the following two years.

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The Fed reduces to 1.4% the forecast of economic growth for 2025 in the US. It estimates that inflation will reach 3% this year, more than expected Interest rates remain stable despite pressure from Trump The US Federal Reserve (Fed) adjusted downwards its forecast of economic growth for 2025, placing it at 1.4%, three tenths less than the previous estimate of 1.7% made in March. It also reduced its forecast for 2026, with GDP growth estimated a…

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Barron's broke the news in New York, United States on Wednesday, June 18, 2025.
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