Stories In my last outlook talk I developed two “stories” that provide alternative explanations for the recent exceptional economic performance. Each story carries with it an implication about the sustainability of recent performance and a challenge for monetary policy.
It will remain a bastion of stability and confidence, and is, therefore, on the side of the citizens. And, by guaranteeing price stability, it will do its clearly defined part to protect the long-term interests and future prospects of us all. 4  BIS Review 39/2010