7 / 14  BIS central bankers' speeches  Legal certainty and clarity and a stable legal framework as well as the speedy and reliable resolution of legal disputes would be fundamental to strengthening the rule of law, improving the investment climate and accelerating economic growth.
Conduct of monetary policy  In April 2013, the Bank introduced quantitative and qualitative monetary easing (QQE) with a view to achieving the price stability target of 2 percent in terms of the year-on-year rate of change in the CPI at the earliest possible time, with a time horizon of about two years.