7 Although the reasons for the declines in neutral rates are not perfectly understood and may differ across countries, there are some common drivers, such as slower productivity and labor force growth and a heightened sensitivity to risk. 8 The very low levels of the shorter run neutral rate reflect in part headwinds from the crisis that are likely to dissipate over time.
We published that analysis to bolster public confidence in the financial system by providing a rigorous and timely assessment of the condition and prospects for the banking sector, based on data and wellestablished analytical methods.