Food prices are assumed to remain flat at their 2015:Q2 level; this assumption ensures that the combined contribution of food and energy prices to inflation in 2015 is consistent with the median difference between FOMC participants’ projections for total and core inflation.
BIS central bankers’ speeches  3  This international strategy for strengthening CCPs has been complemented by several domestic initiatives to introduce regulatory frameworks for OTC derivatives and to enhance supervision of systemically important CCPs. The two most notable developments are the passage of the European Market Infrastructure Regulation and Dodd-Frank, notably titles VII and VIII.