Oireachtas Joint and Select Committees

Tuesday, 26 March 2019

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

Central Bank of Ireland: Discussion

Professor Philip Lane:

Of course, Brexit on its own is negative. The broader issue, which is a European-wide one, relates to the future of banking, where the interest rate environment in Europe will be and so on. It is one factor among many. The overwhelming pattern has not been Brexit; it is just wider concerns about the future of the banking system, which is a fluctuating debate.