Elizabeth A Duke: Fostering a healthy credit environment Speech by Ms Elizabeth A Duke, Member of the Board of Governors of the Federal Reserve System, at Ohio Bankers Day, Columbus, Ohio, 30 June 2010. *  *  *  Good morning.
While a substantial portion of newly issued JGBs are purchased by the Bank, I would like to reiterate that the JGB purchases are conducted from the perspective of overcoming deflation and achieving the price stability target, not for the purpose of financing fiscal deficits. Concluding Remarks: Economic Activity in Tokushima Prefecture My concluding remarks will touch on the economy of Tokushima Prefecture.