7 In the first group, the macroprudential authority controls the macroprudential instruments in the CRD/CRR. In this group, the  6 http://www.nationalbanken.dk/en/publications/Documents/2013/11/mon_3qtr_13_del1.pdf. 7 This section builds on ESRB (2014) Recommendation on the macro-prudential mandate of national authorities (ESRB/2011/3): Follow-up Report – Overall.
The domestic inflation landscape When I mentioned earlier some of the positive global developments over recent months, one of them has been a reduction in delivery lags and supply bottlenecks, which has contributed favourably to the inflation dynamics of some countries. Unfortunately, this has yet to have a material impact on our domestic inflation, mainly due to idiosyncratic domestic factors.