It is not a certainty. It is a possibility. If we have decreased rates on the 8th of October it was because upside risks to price stability had diminished and that we were fully confident that the new monetary policy stance would permit us to deliver price stability in the medium term. All our decisions are inspired by this fundamental primary objective: price stability.
Two more Guidelines have been issued to the industry for consultations. The Guidelines on Corporate Governance, effective June 2001, and on Related Party Transactions, effective January 2002, put the roles and responsibilities of Boards of Directors of banks in the right perspective.