Central Bank of Ireland Governor Warns of Increased Financial Stability Risks from Global Market Valuations and Uncertainty (centralbank.ie)

• Governor Makhlouf warns of increased risks from global market valuations and uncertainty.
• Near-term global growth forecasts have improved modestly since last Review.
• Risks from global financial market developments have increased.

"In his opening remarks at the Financial Stability Review press conference on 17 November 2025, Central Bank of Ireland Governor Gabriel Makhlouf stated that stretched valuations in global financial markets and heightened economic uncertainty are increasing risks to Irish financial stability. He noted that near-term global growth forecasts have improved modestly since the last Review, but risks from global financial market developments have increased. The remarks highlight the Central Bank's assessment of the financial system's resilience and the need for vigilance."