I note here that the Boards of other institutions have adopted good governance and accountability procedures and processes for their organisations. At this point, one may ask; who then supervises the supervisor? This is an important question given all that I have talked about on good governance and our increased responsibilities.
Thus, in making policy, we are able to view the economy not just from a Washington perspective, or a Wall Street perspective, but also from a Main Street perspective. This system has served the central bank and the nation well for nearly a century.