Less than five years on, University College Cork economist Seamus Coffey is back as chair of the Irish Fiscal Advisory Council (Ifac). When he ended his previous stint in the position in December 2019, Covid-19 and the inflation crisis caused by the war in Ukraine were not on his or anybody’s radar.  The main change in the Irish economy since then is “much higher price levels”, Coffey told The Currency ahead of the publication of the budgetary watchdog’s pre-budget statement this Wednesday – the expert body’s first publication since his appointment on August 22. While inflation has gone down, prices…

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