Year-on-year inflation was 1.2% in July, and according to our forecast, it will return within the target tolerance band in the first half of 2017 and remain within the band thereafter.
William R White: Some observations on the professional contributions of Palle Andersen Speech by Mr William R White, Economic Adviser and Head of Monetary and Economic Department of the Bank for International Settlements, at the opening dinner of the BIS Conference in Honour of Palle Andersen, Basel, 2 December 2007.