Therefore, it is for the banks to have suitable arrangements and agreements in place with the service providers to ensure that they  11  function according to the policies and expectations of the individual banks. IX. Integrity and Transparency of Financial Statements 21.
True, various measures of longer-term inflation expectations derived from financial markets and from expert surveys largely stand at around 2%. But initial signs of above-target revisions in those measures have to be monitored closely. We are worried about the high rate of inflation in the euro area, which has repeatedly surprised professional forecasters.