In the Outlook Report, the Bank assessed upside and downside risks on the price front as being “largely balanced,” although considerable uncertainty surrounds developments in medium- to long-term inflation expectations. D.  My views and proposal on risks to prices  The aforementioned list of risk factors related to prices has been covered sufficiently.
Central banks have to interact closely with financial markets for transmission of monetary policy impulses. In this context, ensuring a sound and efficient payment and settlement system is 2/3  BIS central bankers' speeches  a pre-requisite.