Currently, inflation expectations appear to remain anchored at a level consistent with the target range, though there is a slight upward drift, apparently reflecting the sustained elevation of headline inflation (Figure 5). The key requirement in this sort of situation is that policy is kept tight enough to ensure that inflation expectations remain anchored.
The ASEM conference series which focus on topical issues provide useful inputs into ASEM dialogues. The ASEM conferences before, whether on finance or growth or terrorism, have brought in insights into the issues aiding policy making both in Europe and Asia. 4.