Programmes such as these, therefore, play a valuable role in introducing young people to the world of finance, and hopefully giving them an interest in possibly pursuing a future career in the financial services industry.
After the success of the QQE, people’s medium- to long-term inflation expectations will be anchored at around 2 percent, and the Bank might possibly start moving toward an exit. Market participants will notice signs of change in economic activity and monetary policy. Under those circumstances, nominal long-term rates might start to adjust, well before the actual changes in policy.