In an environment in which we live in an open economy, we need to strike a balance between the domestic and the global perspectives. We must exert efforts to understand the pressures on us coming from the external environment, and seek measures to resolve global issues.
Since the fragility of banks and their counterparts tend to be more frequent when prices are unstable, the pursuit of price stability can be seen as a crucial contribution to financial stability. Day-to-day monetary policy tools are to a significant extend associated with financial stability considerations.