The reason why is that the Governing Council, although eighteen members strong, is homogeneous in character: members share a preference for price stability. Consensus-building has been strongly supported by the obligation under the Treaty to work towards price stability. BIS Review 60/2002  3  Communication If we look at the bare figures, monetary policy has been a success, as I have already noted.
To develop financial competencies at the household level. I am pleased to say that significant progress is being made in all three areas and I am quite sure that we are on target towards achieving these goals.