The inflation-targeting approach became more explicit with the strategies adopted in the early 1990s by a number of pioneering central banks, among them the Reserve Bank of New Zealand, the Bank of Canada, the Bank of England, Sweden's Riksbank, and the Reserve Bank of Australia.
They are both well advised to limit their intrusiveness while not foregoing a thorough and professional inquiry. 2. Both consultants and supervisors face the challenge of building, sharing and applying professional knowledge and skills in a rapidly changing business environment.