Stretched valuations and economic uncertainty increase risks to Irish financial stability (centralbank.ie)

• Stretched valuations in global markets are a key risk.
• Trade uncertainty and geopolitical tensions threaten stability.
• Central Bank calls for enhanced risk management practices.

"The Central Bank of Ireland's November 2025 Financial Stability Review warns that stretched valuations in global financial markets and ongoing trade and economic uncertainty are the main risks to Ireland's financial system. The review calls for heightened vigilance and macroprudential measures to safeguard stability. Governor Gabriel Makhlouf emphasized the need for financial institutions to strengthen their resilience against potential shocks. The full review provides detailed analysis and policy recommendations."