We took advantage of that to wait, evaluating further information before acting. Thus far, I judge that to have been an appropriate strategy, especially given the inflation outcomes of late. Nonetheless, the Bank has to remain watchful in the face of a number of factors which obviously could push inflation higher.
BIS Review 5/2005  5  Credit cards, debit cards, personal loans and consumer durable loans are catching up fast. Refrigerators, air conditioners, VCRs, Televisions are now available on credit. The consumers are forced to save when a specific amount is cut from their salary every month to pay the installment. Mortgage financing is one way in which wealth is created.