The effect of monetary policy will be reinforced by maintaining consistency with the government’s economic policies. According to the joint statement released by the government and the Bank, they will strengthen their policy coordination and work together in order to overcome deflation early and achieve sustainable economic growth with price stability.
And of course, I am very grateful to the two colleagues, one from finance and one from economics, Professor Richardson and Professor White, both distinguished experts in their respective fields, for being here today. I will focus only on monetary policy and capital markets. I fully subscribe what President Barroso said in his opening remarks on European developments. He said it all!