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
John Deasy (Waterford, Fine Gael) | Oireachtas source
It is a lot different from how it was ten years ago. Maybe I am exaggerating but I do think so. Professor Lane's answers give me confidence with regard to what the Central Bank is doing. It is his belief that there is a reasonable chance of a downward correction. Ten years ago, if the Governor of the Central Bank came in here and made that prediction, he would have risked being fired. I had to ask the question. It is good that Professor Lane is verbalising his honest opinion with regard to the market. I am not so sure that would have occurred ten years ago.
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