Thanks to the monetary analysis that we also undertake, we can cross-check this information with medium-term inflationary pressures drawn from the monetary and financial indicators. These are the two “pillars” of our monetary policy, which indicate to us the necessary steps in respect of the interest rate to ensure price stability over the medium term.
Behind much of this malfeasance lies something other than the excessive credit and market risk that led to the crisis itself, although there may be some common roots of these problems.