Stefan Gerlach: Macro prudential policy in Ireland

Today I will talk about “Macro prudential policy in Ireland.” Unfortunately, recent financial sector developments across the world have shown the serious consequences of macro prudential policy failures. Thus, there is little doubt that, in Ireland and elsewhere, much attention must and will be paid in the future to ensuring that macro prudential frameworks are effective so that we can avoid events such as a repetition of the housing bubble, the bursting of which has had such devastating consequences here in Ireland.