A Clare financial advisor is warning that chasing inflation would be the same as pouring petrol on the fire.
Tommy Corbett of Carey Corbett Financial Solutions is reacting to comments from the Finance Minister who’s said he expects rising inflation rates to improve over the coming 12 months.
He believes the situation will get a little bit worse, before things start to improve, as food inflation caused by supply issues off the back of the Ukraine war haven’t yet been felt.
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The Government has been called on to take steps to ease the burden of rising costs ahead of the budget, but Tommy Corbett says a targetted approach will be needed.
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