Profits could be hit by tariffs on large US multinationals and as such our golden goose ie Corporation tax receipts could be affected. We may also end up building fewer houses again this year than expected. However on the upside the domestic economy remains robust and inflation should remain low in the coming months. 

These are the views of the Central Bank of Ireland, which today published its latest quarterly bulletin. Speaking to Joe this morning was Martin O'Brien, Head of Division of Irish Economic Analysis with the Central bank of Ireland.