Thank you, Chair.
Thank you to the governors for being here again today. It's always an interesting discussion.
It's good to hear. I asked questions before, relative to quantitative tightening, normalizing your balance sheet and how quickly you can do that without having too much negative effect on the economy.
I want to go back to the market certainty, or let's say, signalling effect. You talked about it briefly with my colleague MP Albas. In signalling interest rate hikes, what does that do to the markets? Can you just give us a little more overview on how that affects inflation?