Personally, however, I believe that the Committee has served the interests of the real economy, in particular, without having to compromise on in its efforts to increase the resilience of the banking system.
We hosted a conference on the most fundamental questions about our monetary policy framework, and broadcast it on the web. We encouraged unprecedented public engagement in our bank note design. And we gave our researchers freedom to publish their best and most interesting work without worrying about whether it follows Bank orthodoxy.