Oireachtas Joint and Select Committees

Wednesday, 9 March 2022

Committee on Budgetary Oversight

Pre-Stability Programme Update Scrutiny: Economic and Social Research Institute

Photo of Mairead FarrellMairead Farrell (Galway West, Sinn Fein) | Oireachtas source

The ECB was very clear before this crisis, and it could not have been clearer, that it was not going to follow the US in that regard. I have been in many debates in which people told me that interest rates were going to rise and I kept returning to what Christine Lagarde has been saying. Obviously we are living in quite interesting times.

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