Concluding remarks I have talked about the economic and financial developments at home and abroad, the medium- to long-term challenges to Japan’s economy, and the Bank’s monetary policy conduct. In closing, I will offer my view on the potential of Aomori’s economy based mainly on what has been reported from the Bank’s branch.
The extensive range of activities now subject to oversight reflects their potential impact on financial stability and their links to the smooth conduct of monetary policy. Central banks are organised so that their operational role in payment systems does not conflict with their oversight role.