Oireachtas Joint and Select Committees

Thursday, 10 May 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector: Quarterly Engagement with the Central Bank of Ireland

9:30 am

Professor Philip Lane:

I reiterate that my focus is on the consequences for financial stability, regardless of what happens. Those involved in the market are not expecting double-digit growth in house prices. It would be unsustainable to have double-digit growth every year.

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