Of course, we could prevent the headline inflation figure turning negative very easily – by aggressively increasing interest rates! I don’t think anybody is strongly arguing for this! Growth and inflation Why not add a growth objective for monetary policy? Surely, the most important objective for all economic policy must be to encourage growth, so why isn’t the same true for monetary policy?
Investors also need tools that will allow them to better monitor servicer performance and take action accordingly. These tools should be developed and described in the contract. Currently, metrics that allow investors to measure servicers’ execution are not widely available.