As a central bank is the sole institution in any country, it is essential to know the workings of other foreign central banks in order to understand it correctly.
In the United States there are plans to relax the rules for banks. I don’t believe in returning now to deregulation or to purely national rules. That would be a big mistake. We need globally consistent rules for the activities of large banks, of banks which are important for the financial system. The crisis should have taught us that.