Oireachtas Joint and Select Committees
Tuesday, 15 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Irish Stability Programme Update: Minister for Finance
7:45 pm
Stephen Donnelly (Wicklow, Independent) | Oireachtas source
The inflation rate projection for this year on page 6 is 0.5% when looking at GDP versus GNP. We are following this lower than ECB target across the eurozone. There are pros and cons to a higher or lower inflation rate. Is there an optimal rate that the Minister would like? Is Ireland, through whatever means, doing anything at the ECB or elsewhere in Europe to push the current eurozone inflation rate up or down?
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