5/7  BIS central bankers' speeches  As I said at the outset, the Central Bank is committed to working with this Committee, the Department of Finance Cost of Insurance Working Group and other stakeholders in relation to this issue in ways that are appropriate to our mandate.
In addition, the Bank has made it clear that it would tolerate deviations from that target variable in either direction up to a level of 1 percentage point.1 This was said at least in the Quarterly Review 4/1998 of the Sveriges Riksbank.