I prefer the concept of the target-consistent rate to that of the neutral rate because it emphasises that we can gear our policy to a clear state-contingent reference in order to bring inflation back to target within a clearly defined period. Eurosystem staff regularly calculate estimates of the target-consistent terminal rate, which are an input into the preparation of our monetary policy meetings.
To all you businesswomen, I salute you for taking that extra step to improve your lives and the lives of your loved ones. I understand SPBD has partnered with other institutions in providing better services to its clients. An example is its partnership with Westpac in the provision of financial literacy sessions in the villages.