Dáil debates

Thursday, 10 November 2016

Other Questions

European Central Bank

5:05 pm

Photo of Tommy BroughanTommy Broughan (Dublin Bay North, Independent) | Oireachtas source

I have asked a few questions over the past two years about quantitative easing. We now hear the programme is to be continued until at least March 2017 at a rate of €80 billion per month. The Minister gave me information on the impact he thought it was having on the country in the past, with regard to growth, taxation, liquidity and inflation. How long does the Minister expect the programme to last? Has our Central Bank or the Department any information on a tapering process and how it might impact on the economy?

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