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:
Up to now, we have been in catch-up mode. There is obviously more room for prices to grow quickly when coming from the bottom of the crisis but, as we get closer to fundamental values, more constraints kick in. The constraints associated with income levels, our rules and what is happening in the economy will kick in.
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