{"id":250708,"date":"2026-01-18T06:09:11","date_gmt":"2026-01-18T06:09:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/250708\/"},"modified":"2026-01-18T06:09:11","modified_gmt":"2026-01-18T06:09:11","slug":"ireland-risks-mother-of-all-recessions-if-trump-wins-battle-to-lower-interest-rates-says-economist-who-predicted-celtic-tiger-crash","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/250708\/","title":{"rendered":"Ireland \u2018risks mother of all recessions\u2019 if Trump wins battle to lower interest rates, says economist who predicted Celtic Tiger crash"},"content":{"rendered":"<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-91174671_secondary indo-1d70522a_marginbottom4 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop4\" style=\"color:var(--color-primary-80)\" data-testid=\"title-summary\">Alan Ahearne warns of financial crisis \u2018worse than 2008\u2019 if US president wins bid for lower interest rates\n<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/01\/1768716551_731_video.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">World is at risk of \u2018mother of all financial crises\u2019 if Donald Trump gains control of US Federal Reserve\n <\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">A former economic advis\u00ader to Taoiseach Miche\u00e1l Martin has said a move by Donald Trump to control the US Federal Reserve will leave Ireland at \u00adsevere risk of being hit by \u201cthe mother of all recessions\u201d.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The US president has been engaged in a battle to sharply reduce interest rates with the chair of the US central bank Jerome Powell, who fears \u201cmonetary policy will be directed by political pressure or intimidation\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"Alan Ahearne warns of financial crisis \u2018worse than 2008\u2019 if US president wins bid for lower interest rates&hellip;\n","protected":false},"author":2,"featured_media":250709,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[125617,969,61,60,43,6083],"class_list":["post-250708","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ireland","tag-colm-mccarthy","tag-donald-trump","tag-ie","tag-ireland","tag-news","tag-niamh-horan"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/250708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=250708"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/250708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/250709"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=250708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=250708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=250708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}