Irish governor calls for better international finance data

Central Bank of Ireland governor Philip Lane

The rise of international financial centres has made it harder to judge the impact of cross-border financial flows on real economies, Philip Lane said today (January 24).

The Central Bank of Ireland governor told an audience in Dublin that it is now "trickier to assess the underlying interconnections between national macrofinancial conditions, national macrofinancial policies and the scale and composition of international financial flows".

It is also harder to interpret measures of national econ