And although the inflation genie will not emerge from the bottle for the time being, central banks will need to keep an eye on price movements all the time. Monetary policy is not asymmetrical, as some might feel, in the sense that a central bank only takes action when prices soar.
Of equal importance are market-led initiatives like the work that is currently being done by the Taskforce on nature-related disclosures (TNFD) These two steps represent what we excel at: collecting and interpreting data. But we have to make sure that our quest for better data does not result in delays.