But there is good reason to think that we can continue to manage these risks successfully. The economic progress we have seen makes us more confident that higher interest rates will be warranted over time, although some monetary policy accommodation will still be needed. We will continue to watch how households and the entire economy are reacting to higher interest rates.
And we will be cautious in making future adjustments to monetary policy, guided by incoming data. 5/5  BIS central bankers' speeches