Government to ‘stick with’ budget spending plan despite Central Bank warning - Coveney
Bank has cautioned that additional stimulus on Budget day could lead to more stubborn inflation
Simon Coveney, the Minister for Enterprise, has said the government will “stick with” its Budget spending plan - despite a warning from the Central Bank that further stimulus could lead to inflation being higher for longer.
His comments come after the Central Bank of Ireland warned the path back to lower rates of inflation is likely to be “gradual and uneven”.
Inflation, forecast to average 5.4 per cent this year, is expected to be 2.3 ...