Oireachtas Joint and Select Committees

Wednesday, 14 September 2022

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

Banking Issues: Discussion

Photo of Jim O'CallaghanJim O'Callaghan (Dublin Bay South, Fianna Fail)
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One of the unusual things about rates is that when market rates are expected to rise, as they are now, we generally expect the fixed rates to be higher than the variable rate. Does Mr. Kelly agree with me on that?