The good state of the economy, in part thanks to the rapid increase in private consumption, actually requires us now to focus on dealing with the challenges so that we can ensure continued improvement in the standard of living in the long term. 4/4  BIS central bankers' speeches
As a result, a range of new technical tools will be needed to filter and synthesise the data from these new sources.8 A further lesson for future economic surveillance, is the increased prominence that credit flows and asset prices may play in policy analysis.