It may still be too early to conclude that there is a tendency for relatively high inflation to become entrenched in wage negotiations and in the formation of individual producer and consumer prices. Indeed, on the whole, inflation expectations seem to have remained well anchored, and central banks stand fully committed to delivering price stability.
•  The Working Group felt that a holding company structure would better enable oversight of financial groups from a systemic perspective. •  The Working Group had also recommended that there should be a separate statute for regulation of financial holding companies. •  New banks in the private sector would be set up under a Non-Operative Financial Holding Company (NOFHC).