Inflation is expected to remain low for some time, but then to gradually pick up as labour market conditions strengthen further. One issue that has attracted a lot of attention of late is the housing market. The construction cycle has a bit more momentum than we expected earlier.
We are hosting the Assembly Meeting and the Symposium of the Association for the first time in the history of our small island-state. There are indeed many firsts: this is the very first time the AACB is meeting off-shore – away from the African mainland.