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

Mr. Gabriel Makhlouf:

I would not like to speculate on that right now but I have said today and previously we will need to go into restrictive territory and we may need to stay there for a while. How high interest rates will go is one thing but then there is the question of how long will they stay at a particular level.

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