Thus, it can be assessed positively that the robustness of Japan's economy against external shocks has been increasing steadily amid the economic expansion that is said to be the longest in the post-war era. Outlook for Economic Activity Next, I will talk about the outlook for Japan's economy.
Narayana Kocherlakota: Opening remarks Speech by Mr Narayana Kocherlakota, President of the Federal Reserve Bank of Minneapolis, at Carroll College, Helena, Montana, 4 September 2014. *  *  *  Thanks for the introduction, Tom. It’s a pleasure to be back in Helena – the site of the only branch office of the Federal Reserve Bank of Minneapolis.