Oireachtas Joint and Select Committees
Wednesday, 24 November 2021
Committee on Budgetary Oversight
Inflation: Discussion (resumed)
Pearse Doherty (Donegal, Sinn Fein)
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Tá fáilte roimh an nGobharnóir ag an gcoiste arís. I welcome the Governor to the committee.
I am sure Mr. Makhlouf agrees with the statements in the economic letters from the Central Bank that the drivers of inflation are likely to dissipate over the medium term. Will he outline to the committee the negative impacts of low or no inflation for households, businesses and the broader economy, an issue that is maybe sometimes little understood?