The alternative, safer and more prudent route is to focus on securing sustained economic growth and minimizing swings, generating a gradual rise in the inflation rate. In the NIEs and ASEAN economies, reductions in both the rate of inflation and its amplitude of fluctuations have also been observed.
We particularly look forward to innovations that will promote financial inclusion, as well as the efficiency and safety of financial transactions. I once again, thank Cyberplc and Hipipo (U) Limited for making the arrangements for these awards. Thank you for listening to me. 2  BIS central bankers’ speeches