To our foreign guests, I want to wish you an enjoyable stay on our beautiful shores, as you experience our creole hospitality. Thank you very much! Merci beaucoup! Muito obrigado! 2/2  BIS - Central bankers' speeches
A new framework for monetary policy?” Journal of Economic Perspectives, 11, pp. 97-116. 2  BIS Review 53/2006  in some aspects but still allows room for exercising judgment 9 . In some circumstances, the «specific target rules» alluded to by Svensson may be nevertheless too rigid.