Ireland is well placed in terms of the institutional arrangements that exist in relation to financial stability. The Central Bank and Financial Services Authority is the organisation in Ireland responsible for financial stability issues.
Similarly, we also see a favorable outlook for prices in general. The continued weakness of the global economy for the past several months has put a downward pressure on prices. Measures of both headline and core inflation are on a downward trajectory, for the global economy as a whole as well as for advanced economies and emerging market economies.