27 Of course, extracting relevant information from financial market prices – as is implicit in these charts – is particularly difficult at times of market turmoil, when liquidity premia and safehaven effects may be larger than normal. Such caveats imply a need for caution when interpreting these developments.
In particular, I think that use of the word “perspectives” with no explanation is inappropriate and unfriendly to readers.9 Readers could easily fail to understand the connection between the contents of the report and the two perspectives contained in it, and as a result the Bank  9  14  This was Section III in the Outlook Report – titled “Conduct of Monetary Policy” – which focuses on the two perspectives.