Inflation rates have been falling significantly over recent months, from a peak of 3.4% in March 2001 to a level, according to the Eurostat flash estimate, of 2% in December.
On the one hand, we want to enable digital innovation, harnessing its potential for financial stability. On the other, we have to keep an eye on potential risks arising from digital transformation. It is our job to supervise all risks to financial stability. Be assured that central banks are looking out for this.