Potential US debt default, ‘technical’ recession in Germany and higher-than-expected UK inflation raise concerns for Irish economy
Eurogroup President Pascal Donoghue said the euro zone economy was “in good shape” despite global uncertainties. Photo: Brian Lawless/PA
Sarah Collins
Volatility has grown in financial markets as investors digest conflicting indicators of a recession in Germany and the threat of a U.S. government default versus a buying spree for stocks promising profits from artificial intelligence (AI).