To this end, the Central Bank last month launched a quarterly electronic newsletter, available on our website. I urge you to take a look, if you have not done so already, and to look out for forthcoming issues in May, August and November. The newsletter aims to facilitate networking, and we welcome your contributions and reactions to the material.
Of course the two are related in that the low level of interest rates has accommodated the growth in demand that lay behind the rise in oil prices. But the most important factor behind the recent  3  For a partial answer see I.J. Macfarlane, “What are the Global Imbalances?”, Reserve Bank Bulletin, October 2005.