The liberalization of FX regulations is embedded in the broader thrust for a better organized FX market. The sequence of reforms aims to encourage innovation, improve transparency, and price discovery, and enhance market conduct. Closing thoughts Thinking about agility made me reminisce about badminton. Badminton is very fast-paced. To play it well, one certainly needs strength. But one also needs to be agile.
As a consequence, inflation is likely to move down some over the next year relative to its pace in 2008. That said, improving economic conditions and stable inflation expectations should limit further declines in inflation.