In an uncertain world, putting all one’s eggs into a single basket is never a good idea.
The two pillars of our strategy provide for a diversified approach by embodying and organising the main approaches to assessing the risks to price stability, namely, on the one hand, an approach which BIS Review 88/2000  4  assigns a crucial role to money and, on the other, a wide range of analyses of the inflation process (focusing primarily on the effects of the interplay between supply and demand and/or cost pressures).