In some instances, price increases may of course precede an acceleration in growth, but this is typically only the case when inflation is pushed up as a result of price increases in international commodities such as natural resources, fuel, and food. However, such developments would entail a worsening of the terms of trade and hence a fall in real purchasing power.
It will increase competition in the provision of those services and thus reduce fees for end users and investors. T2S will foster financial stability by allowing seamless cross-border as well as domestic securities settlement in central bank money across all participating markets. It will reduce the complexity and fragmentation that characterise the current infrastructure.