BIS Review 153/2009  1  Second, as what is the other side of same coin of the macro aspects that I have just mentioned, the micro financial institution behavior also went too far under inadequate risk management or overconfidence.
Looking further ahead, however, the information available so far indicates that HICP inflation would fall below 2% in the course of 2005 if no further adverse shocks occurred and it does not suggest that stronger underlying inflationary pressures are building up in the euro area.