Comments from Schembri in the Q&A:

Comments from Schembri in the Q&A:
  • Source of inversion is long-end coming down, not short-end going up. So we believe it's a less-reliable indicator
  • We're paying close attention to global factors, including commodity prices
  • I think interest rates will remain relatively low and stable compared to 1980s
  • Household debt and escalating house prices are two risks that have been high on our radar
  • Says in a crisis, they could lower rates as low as -0.50%