Oireachtas Joint and Select Committees

Wednesday, 20 September 2023

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

Banking Issues: Central Bank

Photo of Jim O'CallaghanJim O'Callaghan (Dublin Bay South, Fianna Fail)
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I will deal with that issue now. I have noticed in the past number of weeks that both the Central Bank and the IFAC have been more vocal in making comments in respect of the forthcoming budget. What are the bank's concerns? The Governor said that the Government should be hesitant about introducing measures that could add to the inflationary shock. What specifically is he concerned about?