BIS central bankers’ speeches  1  Our goal was behavioral change in how banks are run. This, while consciously and deliberately nurturing a more dynamic environment that encourages healthy competition, financial innovation, consumer protection, and financial inclusion. As a result, ladies and gentlemen, our banking system is robust.
It supports expansionary business activities and consumption spending, effectively becoming a truly reliable pillar of economic growth. Second, as captain, I must have an intimate understanding of the vessel and its equipment. Our primary mandate, controlling inflation is often likened to operating a big ship. Slight movements in the monetary policy rudder can cause big changes in economic course.