Ireland’s central bank chief has warned the country’s new finance minister against pre-election budget giveaways that could stoke inflation, underlining how member states’ fiscal policy is increasingly a concern for European rate-setters.
Gabriel Makhlouf told the Financial Times that he would send a “pretty clear message” in his annual letter to the finance minister this week that the government risked “making the inflation problem worse by overspending” on measures to tackle the high cost of living.
Ireland has been running big budget surpluses thanks to a vast inflow from corporation tax, the bulk of which is paid by global technology and pharmaceutical companies based there.
您已阅读17%（686字），剩余83%（3398字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。