Before, moving into areas within the remit of the Central Bank, it is important to emphasize that all actions that reduce the frequency and impact of injuries are obviously worthwhile. Improvements in transport infrastructure; enforcement of road safety rules; public awareness campaigns; and on-going emphasis on health and safety can all contribute to a reduction in the frequency and impact of injuries.
I want to drill down on these latter two elements: measures of core, or underlying, inflation and measures of inflation expectations. These are critical guideposts for us as we seek to bring total CPI inflation all the way back to the 2% target. Core inflation As we look for a more fundamental turning point in inflation, measures of core inflation are becoming increasingly relevant.