This was the effect back through the supply chain of the slump in the demand for computer and information technology products last year. While the shape of any pick-up in this area remains far from clear, the contraction at least appears to have abated.
I attributed tremendous importance to the fact that alongside the implementation of the reform being presented here today, we will soon complete the legislation for establishing a financial stability committee, which will firmly establish the cooperation and coordination among the various financial system regulators. The committee will monitor, provide early identification, and handle risks to the financial system before they are realized.