This has included convening topic-specific roundtables and seminars, supporting analytical and policy initiatives, and providing periodic updates on hot topics in the sector. What have we learned? Some tentative conclusions  The work undertaken by the Accelerator has been of significant value, both for the Bank and, we believe, for the broader FinTech community. For the Bank, we have gained first-hand experience of a range of new technologies, helping us to evaluate their application both to the Bank’s own functions and in the wider market. Our work on DLT has helped us start to think through how the financial networks of the future may be able to operate in safer and more efficient ways, and how we can ensure they can continue to benefit from access to central bank money. Our work on data analysis has thrown light on how we can manage ever larger data sets to monitor the economy and the financial system in real time and draw out patterns that might help us set better policy or spot the next crisis coming before it happens. And our work on machine learning has helped us take the first baby steps towards engaging with that data in a more interactive way, putting computers alongside our staff to help them form the judgments on which monetary and financial stability depend.
Since 2001, we have thus lowered interest rates more quickly and more decisively than the ECB. With inflation less than 1 percent, we enjoy price stability and our interest rates lie clearly below corresponding rates in the eurozone. A more homogeneous monetary system in Europe and a more stable international monetary order will help Switzerland to fully benefit from the present recovery of the world economy. 4  BIS Review 35/2004