Whereas the policy rate is best used primarily in response to aggregate activity and inflation, the specific macro-prudential instruments should be used to deal with specific output composition, financing, or asset price issues.
Mitigations of strategic risks tend to be strategic choices and business model approaches; investment prioritisation decisions during planning processes, often resulting in project initiations; and communications and stakeholder management. Strategic risks are often perennial, yet may be volatile due to changes in the external environment.