2022  CPI (all items less fresh food)  +2.2 to +2.5 [+2.4]  +2.2 to +2.4 [+2.3]  +2.6 to +3.0 [+2.9]  +1.8 to +2.0 [+1.9]  +1.7 to +2.1 [+2.0]  +1.2 to +1.5 [+1.4]  +1.5 to +2.1 [+1.9]  +0.9 to +1.3 [+1.1]  +1.1 to +1.5 [+1.3]  +1.1 to +1.5 [+1.3]  +1.1 to +1.3 [+1.1]  +1.0 to +1.3 [+1.1]  Note: Figures in brackets indicate the medians of the Policy Board members' forecasts (point estimates).
Without having sound financial institutions, money cannot be truly safe, nor will it be fully trusted by the public. And indeed, during the worst days of the crisis we have seen flight-to-safety flows into banknotes, and away from the deposits held with – by 2/6  BIS central bankers' speeches  then, mistrusted - banks.