Toshihiko Fukui: Developments in economic activity and prices and the Bank of Japan’s conduct of monetary policy Summary of a speech by Mr Toshihiko Fukui, Governor of the Bank of Japan, at a meeting with business leaders, Nagoya, 3 December 2007.
Even with the most careful preparation of the systems for the millennium date change, isolated problems cannot be ruled out. For that reason, particularly great importance will be attached to the subject of “contingency planning” in the time that remains. At present, the details of the Bundesbank’s contingency plans are being finalised, with priority being assigned to the central bank’s core procedures.