Inflation-overshooting commitment Another component of QQE with Yield Curve Control is an "inflation-overshooting commitment." With this commitment, the Bank aims to raise inflation expectations by demonstrating its strong determination.
Ancient archives are usually literally cast in stone. Now we etch them on microfilm. We hope that these will last as long as the stone edicts. And, perhaps, people 2000 years from now will refer to the RBI archives as a temple! But Archives are not only about long term memory about history and culture.