The success of this policy is evident in all measures of medium-term inflation expectations, notably in bond market developments which signal that, despite the recent increases in HICP inflation, markets expect price stability to prevail over the medium term. Since the last increase of ECB interest rates in October 2000, risks to price stability in the euro area have become more balanced.
I now have the pleasure to declare the Mobile Banking Service officially launched. Thank you and God bless you all. BIS Review 48/2008  1