Oireachtas Joint and Select Committees

Tuesday, 26 March 2019

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

Central Bank of Ireland: Discussion

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

I do not want to go over that again but when it was put to Professor Lane that it would be helpful if he and the Central Bank wrote to the committee setting out the assessment of the prevailing rate issue and the factors taken into account in arriving at the broad conclusion on the approach of the institutions in interpreting the prevailing rate, he stated that in a verbal two-way conversation on the issue, the Central Bank could give only a partial explanation whereas if it laid out an explanation on paper, it could be studied by the committee. Did the Central Bank lay out that explanation on paper to be studied by the committee?

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