Oireachtas Joint and Select Committees
Thursday, 2 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Brian Cowen:
I can't recall one. There would be a general ... there would always be a general economic briefing on various aspects of policy, and whether it was their own view, or whether it was one that was vicariously taken from other research organisations, either State or private, their view was, in line with the Central Bank view, I suppose, as well, that the central position was that it was more likely to be a soft landing rather than a hard landing. That's ... that analysis, as we know, wasn't correct, but that was the view.
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