To help strengthen standards of reporting, the Bank has provided training to local journalists on financial and economic issues at seminars over the past four years, and we intend to provide more of these training sessions in the future.
If the same instrument is used for multiple objectives, conflicts could occur and trade-offs could be required. According to this view, interest rate policy should remain a monetary policy tool and be the main instrument to control inflation. Other policies, which could be well targeted, would need to be introduced in order to deal with financial stability risks.