With aggregate data the only thing we can do is have patience, wait for the next round of amendments to regulations to take effect, by which time new changes may start becoming necessary.
Provided the bill is accepted and brought into force, it will above all affect the composition of the Monetary Policy Committee by empowering the central bank’s Deputy Governor, as is the case in advanced countries, to sit as an ex officio member, thereby heightening both the independence of the central bank and the linkages between policy decision-making and execution.