Under the inflation-overshooting commitment introduced in September 2016, the Bank continues to expand the monetary base until the year-on-year rate of increase in the observed CPI (all items less fresh food) exceeds 2 percent and stays above this target level in a stable manner.
(2015),  Capital markets and job creation in the 21st century, Center for Effective Public Management at Brookings Paper, December. [2] See  Rebranding Capital Markets Union – A market finance action plan, report by the CEPS-ECMI Task Force of June 2019.