In regard to possible overheating, the principal task now is to decelerate demand growth to a rate that is more in line with the medium-term growth potential of the economy. This is currently estimated to be about 4½ to 5% and somewhat less than this further out.
These peer reviews will be of two kinds – country on country reviews, and thematic reviews which examine implementation of agreed policies in a given area across the membership. 4  BIS Review 144/2009  We will begin conducting peer reviews in January, starting with a review of the implementation of the FSB’s Principles for Compensation that I spoke about earlier.