Oireachtas Joint and Select Committees
Wednesday, 21 June 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Investment Funds (Resumed): Irish Mortgage Holders Organisation
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
Where does Mr. Byrne see this going for himself? The ECB has signalled clearly that there will be another interest rate hike in July. That is without doubt unless something dramatic happens in the financial world. There is likely to be another increase at the next meeting in September. When he hears those kinds of announcements from Christine Lagarde, what does that mean to him? The interest rate is 7.25% now so that means interest rates of-----
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