Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source

It is whether the containment measures, such as interest rate increases and so on, should be shorter, sharper increases in order to slow it down and go back to what the original target is supposed to be. For example, if we are in the business of reducing inflation, what is the best way to do it? Will we do it on an annual basis for five years and strangle ourselves in the course of it so it is worse and worse all the time from the consumer’s point of view and there would be difficulty for all governments, or should we have said that we would have an increase that would curtail inflation for the foreseeable future and have an actual and quick impact?