Oireachtas Joint and Select Committees

Tuesday, 23 March 2021

Committee on Budgetary Oversight

Pre-Stability Programme Update: Discussion

Photo of Gerald NashGerald Nash (Louth, Labour) | Oireachtas source

I will ask a question on potential inflation, price rises and interest rate rises. I do not necessarily expect Dr. Cassidy to comment on political remarks, but the Tánaiste expressed a view, in an interview with The Irish Times, that we should be preparing for rises in interest rates and price inflation. I do not agree with him and do not agree it is something we should be concerned about at this stage. Frankly, I agree that inflation may not be a bad thing over a period of time. What is Dr. Cassidy's view on the potential for price rises and interest rate rises and their impact?

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