Going beyond the use of ECB statistics by the ECB itself, these statistics may also be able to play a role as a neutral and trustworthy benchmark for market participants and the public at large. In this context, I would like to give three examples.
Philip Lowe: Today's reduction in the cash rate Speech by Mr Philip Lowe, Governor of the Reserve Bank of Australia, at the Reserve Bank Board Dinner, Sydney, 4 June 2019. * * * On behalf of the Reserve Bank Board, I would like to warmly welcome you to this community dinner. Thank you for joining us this evening.