Tuesday February 18, 2020

Central Bankers clash with Finance over mortgage data

Internal emails give insight into ongoing discussions over the bank’s rigorous lending limits

6th December, 2015
Patrick Honohan, former governor of the Central BankMaura Hickey

The Central Bank was reluctant to provide the Department of Finance with detailed information on the impact of onerous mortgage lending rules ahead of a pre-budget meeting between the Minister for Finance and the Central Bank governor, confidential emails reveal.

According to emails obtained by The Sunday Business Post under Freedom of Information legislation, the former Central Bank governor Patrick Honohan - who was recently replaced in the role by Philip Lane - directed a...

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