4 https://www.bancaditalia.it/pubblicazioni/mercati-infrastrutture-e-sistemi-di-pagamento  /approfondimenti/2022-026/N.26-MISP.pdf  7/7  BIS - Central bankers' speeches
It reflects the well established fact that price stability is a prerequisite for sustainable growth and the creation of employment. Price stability preserves and bolsters consumers’ purchasing power, thus supporting consumption. It also enhances the efficacy of the market system in allocating resources.