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Irish bank governor warns €9.4 billion budget plan could overheat economy amid trade concerns.
Irish Central Bank Governor Gabriel Makhlouf warned against over-stimulating the economy in the upcoming October budget.
The government plans a €9.4 billion tax and spending package, but Makhlouf suggests this could lead to an overheated economy, especially given full employment and potential U.S. tariffs.
Prominent economist Dan O'Brien also calls for prudence, advising to postpone tax cuts and spending increases until the impact of the EU-US trade deal is clearer.
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El gobernador del banco irlandés advierte que un plan presupuestario de 9.400 millones de euros podría sobrecalentar la economía en medio de preocupaciones comerciales.