It is essential that medium-term inflation expectations for the euro area economy continue to be firmly  BIS central bankers’ speeches  1  anchored in line with the Governing Council’s aim of maintaining inflation rates below, but close to, 2% over the medium term.
On the other hand, if we fail to strengthen GSE regulation, the possibility of an actual crisis or insolvency is increased. Some observers have argued that Fannie and Freddie are simple institutions with a function that is clear to all. The evidence suggests that this is far from the case.