Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

On page 121 of Vol. 1, Mr. Hurley's Vol. 1, page 121, you talk about making sure that, "...the tone and [the] comment in the Financial Stability Report will be of particular importance and sensitivity." And then there:

...was agreed that particular care should be taken to ensure that comments on risks are not liable to over-interpretation by the international and domestic media. In this context, it was suggested that a Box entitled 'House Price Booms and Busts: the International Experience'..." could be over-interpreted.

In fact, it was subsequently changed. Is that something that you ... that the Central Bank did, routinely changed documents to be less-----

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