Mr. Ultan Courtney:

I honestly do not know the answer to that because it is hypothetical. I will give the Deputy a short answer on that. As a commission, we would always have to take consideration of changing circumstances. We try to have the most up-to-date information available and try to read it in the best way we can going forward. I honestly do not know the answer to the question.

I would be concerned - Mandate has made this point too - in relation to doing more harm than good. What I mean by that is all of us start chasing inflation in the economy and we end up in a situation where inflation gets out of hand and we cannot control it.