For example, the impact of a unit amount of the Bank's JGB purchases on long-term yields varies depending on the economic and inflation conditions as well as the state of the JGB market.
Accordingly, the dashboard keeps track of what we expect the economy to be like in a year or two. Regardless of whether my forecasts or the private sector forecasts are used, inflation – and the outlook for inflation – has risen markedly since last November. Unemployment – and the outlook for unemployment – has fallen.