16  20  21  22  23  24  Figure 14 a) World: Forecasts contained in latest MP Reports (annual change, percent)  6  Mar.21 Mar.22  Jun.21 Jun.22  Sep.21 Sep.22  b) Actual and projected prices (*) (dollars per pound)  Dec.21 Dec.22  5  5 4 3 2 1  Copper Sep.22 MP Report Dec.22 MP Report  16 4  17  18  19  20  21  22  23  24  (dollars per barrel)  3.2 3 1.9  2  Oil MP Report Sep.22 MP Report Dec.22  125 100 75 50 25  16 17 18 19 20 21 22 23 24  (index)  1  160 140 120 100 80  0  22  23 (f)  (f) Forecast. Sources: Central Bank of Chile and Bloomberg. FAO index MP Report Sep.22 MP Report Dec.22  16 17 18 19 20 21 22 23 24 (*) Actual price figure is average of each year. Dotted lines denote the 2022-24 forecasts contained in respective MP Report. Sources: Central Bank of Chile and Bloomberg.
Particularly over the past two years we have made a number of changes and this has led to some debate. This often happens in times of change, particularly if it requires a learning process – for all those involved – before everything falls into place. And this is also the case with the changes in the Riksbank’s communication. It is therefore quite natural that some questions have arisen: Why has the Riksbank made these changes? Haven’t you made things unnecessarily complicated – tried to “fix something that isn’t broken”? Have you even gone too far in your openness? These are important questions that I shall try to answer here tonight. Giving the right information at the right time and in the right way is particularly important in times of unease. There has recently been unrest in the financial markets around the world. Sweden has not been affected by the market turbulence to the same extent as several other countries. I would nevertheless like to take the opportunity to say a few words about our views on what is happening right now and on the Riksbank's role in this context. But before I do so, I would first like to discuss the changes in our method of communication made over the past two years and the reasons behind them. What are the reasons behind the increased openness and clarity? Many consider that the Riksbank is currently one of the world’s most open central banks.