The Bank has worked to enhance the flexibility and sustainability of the current monetary policy framework, stating that it "may increase or decrease the amount of purchases depending on market conditions" with a view to lowering risk premia of asset prices in an appropriate manner (Chart 11).
1 It provides core functions necessary to facilitate economic activity and is constantly evolving, incorporating new technology and other innovations to become more efficient. It is as vital to the economy as our system of roads and highways.