These problems indicate the existence of unsafe and unsound banking practices and violations of federal and state laws, as well as demonstrated patterns of misconduct and negligence on the part of servicers. Individual consumers have been harmed by this negligence, including the negligence of law firms.
The core measure of inflation helps us to "see through" short-term volatility when we make our policy decisions. As to keeping the big picture in mind: monetary policy focuses on the Canadian economy as a whole, and aims to achieve a national inflation rate. Of course, to get a sense of the national economy, we need to closely monitor regional developments.