Oireachtas Joint and Select Committees

Wednesday, 30 March 2022

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

Engagement with the Central Bank of Ireland

Photo of Jim O'CallaghanJim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source

A significant part of people's disposable income goes on mortgage repayments. Does the Governor believe it is likely that there is going to be an increase in interest rates by the European Central Bank, ECB, in order to counteract rising inflation? If so, how high does he think those rates may go?

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