Dashed lines represent forecasts based on announced purchase programs, recent pace of purchases, or market expectations in the case of US and Canada Holdings data for euro area only include bonds held as part of asset purchase programs; holdings for other central banks also include bonds held for operational or liquidity purposes  Sources: Central banks; debt management offices; RBA; Refinitiv  I would now like to turn to the more traditional part of our monetary policy package – that is, the setting of the cash rate.
•  Moreover, the need for financial education and literacy programmes to the population by both the public and private sector is vital, which should be underpinned by sound market conduct practices including financial services consumer protection measures. 8.