Oireachtas Joint and Select Committees

Wednesday, 9 March 2022

Committee on Budgetary Oversight

Pre-Stability Programme Update Scrutiny: Economic and Social Research Institute

Photo of Neasa HouriganNeasa Hourigan (Dublin Central, Green Party)
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I thank Dr. McQuinn for that. It outlines it really well for me. I understand the level of disruption the Ukraine situation brings to the debate. Leaving aside the level of disruption and uncertainty war brings, if we see a corresponding change in interest rates, does Dr. McQuinn believe that would negate that thesis or will it simply be a temporary effect and over time interest rates will continue to be low?