To fulfil their mandates, central banks have injected large amounts of monetary stimulus, while also making use of novel instruments. The monetary policy response has been unprecedented in both scale and scope. This has certainly added further impetus to central banks’ drive for accountability and transparency – something that we at the ECB have always taken very seriously.
And, in particular, the first two people on my list to greet: Professor Dante Canlas and Monetary Board Member Eli Remolona. They are friends [who are] really "old." And then, of course, if you see our old pictures, we were very young, okay? Of course, I was hoping that [former Deputy Governor] Cyd [Tuano-Amador] would be here, but she is here in spirit.