Central Bank Governor Praises Wexford Business Outlook

The Governor of the Central Bank of Ireland has praised the ambition and resilience of Wexford businesses following a visit to the county.

As part of a programme of regional engagement, Gabriel Makhlouf met local companies and members of the Chamber of Commerce to hear directly about the opportunities and challenges facing businesses.

He said the visit helps turn national economic data into a clearer understanding of what communities and employers are experiencing on the ground.

Speaking on Morning Mix with Alan Corcoran he also addressed wider economic issues including inflation, interest rates and government spending.

The Governor said inflation remains higher than desired and noted that recent interest rate increases were introduced to help return inflation to target levels over time.

On public finances, he repeated calls for caution around long-term spending commitments, warning that some tax revenues may not reflect permanent activity in the Irish economy.

Reflecting on his visit, he described Wexford businesses as ambitious, expansion-focused and benefiting from continued investment across the region.