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[tag=CC] [tag=NNS | lemma=other] [word=","] □
The Outlook Report details the outlook for economic activity and prices , and on this basis the Bank 's thinking about monetary policy conduct in the near future . There may be a considerable time lag before the effects of monetary policy appear in economic activity and prices , and the importance of price stability means that prices should be stable not only now but also sustainably in the longer term . These outreach " evangelists " would be responsible for fielding queries from governments , institutions , businesses , and individuals in their respective regions , preparing outreach materials suitable for local distribution ( online , in print , via CD-ROM , etc. ) , making presentations at relevant meetings and conferences , and communicating with the media . The Bank 's main purpose in releasing the Outlook Report is to explain its thinking on the underlying mechanisms of economic activity and prices , and the Policy Board members ' forecasts are also provided as reference figures . Central banks that have adopted inflation targeting , such as the BOE , publish projections for the economy and prices , and it is through this framework to achieve transparency that they make public the rate of inflation their monetary policy is aiming for. Central banks that have not adopted inflation targeting in the strict sense , such as the ECB and the Federal Reserve , are also making various efforts to enhance transparency of monetary policy . The effects of short-term interest rates being at effectively zero percent have increased gradually with the upturn in economic activity and prices , and they are expected to become stronger while the current guideline is maintained . In doing this , we consider two types of aid : scholarships or grants , and jobs . Other handy items include colored toothpicks , pom-poms in different sizes and colors , and tissue paper ( saved from birthday and other presents !