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. Vasileios Madouros:

I want to say, so there is no misunderstanding, that I only referenced the euro area because I thought the Deputy was asking about the setting of interest rates. They are of course set at euro area level. We publish a lot of analysis in our quarterly bulletin or in our financial stability review on the impact of Covid restrictions, and what has happened more broadly with the Irish economy. We have a lot of analysis on the impact on the SME sector, on the household sector and what has been happening to savings. We talked earlier about the transmission mechanism at euro area level, but of course we also look at what is happening in Ireland, which is operating a bit differently.

We do have plenty on this which we could supply.

Comments

No comments

Log in or join to post a public comment.