Mr. Chairman: I would like to conclude by underlining the role of professionals in managing global financial crisis. Professionals including bankers are on the spot like never before. There is of course considerable debate on the capacity of bankers, analysts, fund managers, credit rating agencies, regulators and accountants in the crisis.
With these channels acting together, it is likely that the aggregate supply and demand balance will improve and that the actual inflation rate will rise further. 3. Developments in financial markets  Meanwhile, financial conditions remain accommodative.