In view of such changes in the environment, the Bank has been making efforts to properly conduct central banking operations that proactively pursue the achievement of its mission. Let me introduce to you the efforts that the Bank has been making with regard to its three central banking operations that I described earlier. B. Technological innovation and central banking operations  1.
Our position may seem the wrong way round to those who have a more traditional view of monetary policy, but I want to make a few points of clarification: •  First, this is not a new position on our part. We did not wait until we already had the runs on the board before specifying our aim was to have a long expansion.