CBI IE

Welcome to the Central Bank for the release of the first Financial Stability Review of the year. A recurring theme of these Reviews in recent years has been the sheer level of uncertainty owing to the interlocking shocks of the pandemic, Russia’s war against Ukraine and the current inflationary episode...

Inflation, geopolitical risks and increased turbulence in markets weigh on the global economy Irish economy has proved resilient, but persistent inflation and higher interest rates could lead to challenges Irish banking system has also proved resilient to recent turbulence and has capacity to absorb potential future shocks The...

These remarks were made on 1 June 2023 at an Institute Directors event addressing the Individual Accountability Framework. Good morning. Many thanks to the Institute of Directors for inviting me to speak with you today. The Institute of Directors in Ireland, through its professional training, development, and support programmes, plays a...

The remarks were made on 30 May 2023 at Day 2 of Blockchain Ireland Week Good morning. Thank you to Blockchain Ireland for the invitation to speak with you today. It is good to be back again at Blockchain Ireland Week. Technological innovation is an important focus of attention for the...

The current macroeconomic environment is a complex one for policy makers. The outlook for inflation continues to be too high for too long: this means there is more ground to cover for central banks. Monetary policy must be brought to levels sufficiently restrictive to bring inflation back to target...

I am delighted to join with you at this Summit and to hear from such a vast array of experts on such an important topic. Just looking at the list of speakers it is striking the different and important roles we all play in combatting financial crime in a...

The Central Bank of Ireland has today (Thursday) published its Annual Report 2022 and Annual Performance Statement 2022 – 2023. Commenting on the publication, Governor Gabriel Makhlouf said: “Looking back on 2022, I am pleased with the progress we have made in delivering our mandate, in line with our new...

Good morning. It is a pleasure to welcome you all to the Central Bank of Ireland and to host the Global Interdependence Centre (GIC). The GIC has long sought to boost international cooperation, by providing a forum for experts to discuss important issues facing economies and affecting the quality of...

Delivering a keynote speech at the Global Interdependence Center conference hosted by the Central Bank of Ireland today (Tuesday), Governor Gabriel Makhlouf welcomed attendees from around the world and discussed the potential impacts of policy-driven reversals in global economic integration. Loretta J. Mester, Ph.D., President and CEO of the Federal...

Remarked delivered at the Managed Funds Association Global Summit Thank you for the invitation to take part in today’s conference.1 As you know, central banks and regulators globally have been increasingly focused on the resilience of markets and, within that, the role of non-bank financial intermediation. At the Central Bank of Ireland,...

The Central Bank of Ireland has launched a new €2 coin to mark 50 years of Ireland’s membership of the European Union. The coin was officially launched by Minister for Finance Michael McGrath at an event in North Wall Quay on Tuesday evening. The Central Bank will mint 500,000 of the...

The necessary monetary policy actions to bring inflation back to target are transmitting through the economy via credit markets. The household sector, as a whole, entered this period with greater resilience than in the past, but some groups of borrowers are particularly exposed to rising interest rates. The...