Oireachtas Joint and Select Committees
Wednesday, 9 October 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
1:30 pm
Peadar Tóibín (Meath West, Aontú)
Link to this: Individually | In context | Oireachtas source
Cuirim fáilte roimh na finnéithe agus gabhaim buíochas leo as na cuir i láthair. There are a couple of issues. First of all, Mr. Makhlouf mentioned the potential inflationary impact of the budget and of spending yet the European Central Bank, ECB, reduced interest rates. On one level, obviously, there is too much money going into the economy according to the constraints there, but the reduction of interest rates will have the same effect, will it not?