However we have to be vigilant to the possible second-round effects or more broad-based increases in inflation which come about when prices are raised in expectation of a generalised price spiral induced by the higher petrol prices. These expectations are affected to a significant degree by expectations of the Bank's policy reponses to the increases.
10  Again, it should be emphasized that the underlying problem is not simply an institution’s size, but rather its systemic footprint – which in addition to sheer size, is related to its complexity, interconnectedness, and global span of operations.