Ladies and gentlemen, I wish you all very fruitful discussions. It gives me great pleasure to declare the conference open. Thank you very much. 6  BIS Review 23/2004
The bank’s conduct of monetary policy and responses to the earthquake  Taking into account the situation mentioned above – economic conditions abroad and in Japan, the outlook for Japan’s economy, and the various risk factors – the Policy Board of 8  BIS central bankers’ speeches  the Bank, consisting of nine members including myself, at the Monetary Policy Meeting on October 27, 2011 decided to enhance monetary easing.