Oireachtas Joint and Select Committees
Thursday, 16 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
Yes. And the Central Bank in 1999 stated "low interest rates have simply added fuel to the Irish economy they have pushed up demand for credit and they have been a contributing factor to the excessive rises in house prices". Did you ignore that warning from the Central Bank?
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