Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of the Banking Sector: Central Bank of Ireland
2:00 pm
Pat Rabbitte (Dublin South West, Labour) | Oireachtas source
Professor Honohan also said that if legislation had to be contemplated, it would in all probability have only a modest effect on standard variable rates. He mentioned a timeframe of a few quarters. Does this mean that the Governor of the Central Bank envisages that after a few quarters, interest rates will go in a certain direction?
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