As I have described, accommodative financial conditions seem to have recently been effectively stimulating private demand, and such conditions appear to be forming the basis  2  BIS central bankers’ speeches  for Japan’s economy to overcome the negative effects of the consumption tax hikes and for a virtuous cycle among production, income, and spending to operate firmly. II.
Stability – much progress already made but a good deal left to do  However, investors are not only interested in banks’ profitability but also in their stability – and the same is true of us supervisors, of course. And when measuring a bank’s stability, capital is still the crucial factor.