The “extreme uncertainty” was described as challenging by the Central Bank boss Gabriel Makhlouf.
The Central Bank of Ireland's boss, Gabriel Makhlouf, describes Ireland as being in a period of "significant change and volatility" due to the looming threat of a US-EU trade war. He expressed concern about potential job losses and the impact on the Irish economy, aligning with reports from the Department of Finance and the ESRI, which anticipate increased prices, fewer jobs, and slower growth. Makhlouf also emphasized the need for the ECB to be cautious regarding interest rate decisions.
