Two paragraphs exerpted from Pope Francis’ Address to the Pontifical Biblical Commission:
As we know, the Holy Scriptures are the testimony in written form of God’s Word, the canonical memorial that attests to the event of Revelation. The Word of God, therefore, precedes and exceeds the Bible. It is for this reason that the center of our faith is not only a book, but a history of salvation and especially a Person, Jesus Christ, the Word of God made flesh. Precisely because the Word of God embraces and extends beyond Scripture, to understand it properly we need the constant presence of the Holy Spirit who “guides [us] to all truth” (Jn 16:13). It should be inserted within the current of the great Tradition which, through the assistance of the Holy Spirit and the guidance of the Magisterium, recognized the canonical writings as the Word addressed by God to His people who have never ceased to meditate and discover its inexhaustible riches. The Second Vatican Council has reiterated this with great clarity in the Dogmatic Constitution Dei Verbum: “For all of what has been said about the way of interpreting Scripture is subject finally to the judgment of the Church, which carries out the divine commission and ministry of guarding and interpreting the word of God” (n. 12).
It follows, therefore, that the exegete must be careful to perceive the Word of God present in the biblical texts by placing them within the faith of the Church. The interpretation of the Holy Scriptures cannot be only an individual scientific effort, but must always confront itself with, be inserted within and authenticated by the living tradition of the Church. This norm is essential to specify the correct relationship between exegesis and the Magisterium of the Church. The texts inspired by God were entrusted to the Community of believers, the Church of Christ, to nourish the faith and guide the life of charity. Respect for this profound nature of Scripture conditions the very validity and effectiveness of biblical hermeneutics. This results in the insufficiency of any interpretation that is either subjective or simply limited to an analysis incapable of embracing the global meaning that has constituted the Tradition of the entire People of God over the centuries, which “in credendo falli nequit” (Conc. Ecum. Vatican II Dogmatic Cost. Lumen Gentium, 12).