4/5  BIS - Central bankers' speeches  We need to create opportunities for people to work, and they will know how to recognise and use these opportunities. In the conditions of globalisation and intertwined chances and risks, there is no alternative to regional cooperation either.
More concretely, we continuously assess whether inflation is converging towards our inflation aim – that is to levels of below, but close to, 2% – in a sustained manner. Although near-term growth is likely to be weaker than foreseen, in our view, the conditions for ongoing economic growth remain in place – supportive financing conditions, favourable labour market dynamics and rising wage growth.