Central Bank warns Government that Budget tax hikes may be needed to cool an overheating economy
Economy can’t handle any more stimulus, according to analysisTaoiseach Leo Varadkar had endorsed call by Fine Gael junior ministers in the Irish Independent for €1,000-a-year tax breaks
The Central Bank has warned giveaways could also harm competitiveness. Photo: Bloomberg
A budget giveaway risks causing damage to the economy, the Central Bank has warned.