We can be proudly confident that the Southern African Development Community (SADC) countries will not be found lacking in the quest to ensure that there is no weak link in the global financial system through which disturbances can be propagated. I wish you the greatest of success in all your deliberations.
The Committee made comparatively small changes in June to its projections for inflation. Over the first three months of 2012, the price index for personal consumption expenditures (PCE) rose about 3–1/2 percent at an annual rate, boosted by a large increase in retail energy prices that in turn reflected the higher cost of crude oil.