 We just decided on our biggest interest rate hike in our history as a central bank. We raised the key rates by 0.75 percentage points. This was a major step to make sure that inflation returns to our 2% target. And President La Carte made clear that more steps are to follow. Now, there are three things you need to know. First, inflation remains far too high and it will stay high for quite a while. This was the key factor in our decision to go for a big hike. Second, for now the economy is holding up. This is mainly due to tourism and a record number of people that have jobs. But businesses are suffering from high energy prices. And there's still a shortage in materials and equipment. So three, the economy will slow down substantially in the coming months. People and businesses are less confident because the outlook is very uncertain.