2/3  BIS central bankers' speeches  At today’s concluding celebration, everyone involved in this joint project can look back on the months of hard work and in-depth treatment of the subject matter, on the many discussions of different professional and personal perspectives, and on the host of good personal contacts, and perhaps even friendships, that have grown from it.
1/3  BIS central bankers' speeches  Inflation Inflation increased to 5.1 per cent in January, from 5.0 per cent in December 2021. It is likely to remain high in the near term. Energy prices continue to be the main reason for the elevated rate of inflation.