Oireachtas Joint and Select Committees

Wednesday, 25 January 2023

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

Economic Issues: Engagement with Governor of the Central Bank of Ireland

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

If there is this lag, why is it necessary, as appears to be the case and as the Governor indicated in his statement, that at the next meeting of the ECB, interest rates will rise again? Why do we not wait for that lag, and to see the impact of the increase that has already been introduced?

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