For example, we constantly monitor inflation swaps and other inflation-linked instruments to check the anchoring of expectations to the ECB’s medium-term target.21 But the prices of these instruments are significantly affected by timevarying risk premia, which need to be accurately estimated in order to draw policy conclusions. This kind of exercise is more important than ever in the current environment of elevated inflation pressures.
Similarly, it is high time that Kenyans henceforth adhere to their credit contract terms in order to build favourable credit track records for use as information collateral.   Second, the CBK and KBA have formed a committee to drive forward the recommendations of the study. The formation of the committee reflects the importance attached to the study by both KBA and CBK.