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
Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source
I welcome our guests to the meeting and thank them for the information they have provided. I want to deal with a couple of things very quickly, the first of which is with regard to inflation. Inflation rates are running somewhat ahead of predictions at this stage and are accelerating. Has the Central Bank a role in determining what causes the inflation? For instance, it can readily be recognise what might cause inflation in respect of gas or oil prices or something. In some cases, however, it is not possible to determine what the cause or causes may be. Can the Central Bank unravel that particular problem?
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