Thank you very much.
I know that in an earlier comment you were saying that you would like to be in a position to bring down interest rates. Again, I think that a potential lowering at some point on the horizon raises a question. I know the bank has an inflation target, but is there something that you consider to be an ideal interest rate?
As you think about this moving forward, we know that there are a lot of reasons why we've experienced inflation. Some of them are under government's control; others aren't. We know that difficult economic times are possible, if not likely, in the years and decades to come.
One of the tools the bank is sometimes using in times of slower economic activity has been to reduce rates in order to stimulate economic activity. At what point do you get concerned that it's not a tool in the tool box if interest rates are too low? Do you have an idea of where you want to land in terms of an interest rate in the short or the medium term?