As I said, I am fairly optimistic that we will not have to. But it is always an option. Security and real-time payments Finally, let me say a few words about fraud. It has been noted that in a world of real-time payments, fraud can also be done in real time.
For the 12 months ending in April, total inflation was only 1 percent, while core inflation (excluding food and energy prices) was 1-1/2 percent. Core inflation has been held down by falling import prices, owing in large part to the rise in the dollar, as well as the indirect effects of lower oil prices.