Oireachtas Joint and Select Committees

Wednesday, 23 March 2022

Committee on Budgetary Oversight

Pre-Stability Programme Update Scrutiny (Resumed): Central Bank of Ireland

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

My apologies for ducking in and out as there is a whole series of meetings at the same time but that is in the nature of things unfortunately. I thank our guests and I will speak to the comments. I have a question in regard to interest rate increases. What are the most feared or the most obvious consequences in the event of there being interest rate increases in this country and across Europe?

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