Oireachtas Joint and Select Committees
Wednesday, 30 November 2022
Committee on Budgetary Oversight
Fiscal Assessment Report: Irish Fiscal Advisory Council
Mr. Sebastian Barnes:
Some financial markets indicate that in a few years gas prices will be far lower than they are today. There is a lot of uncertainty about this, but it may lead to much lower inflation or even deflation in the years ahead. We do not know, but it is a possibility that needs to be factored into policy.