The G20 Finance Ministers and Central Bank Governors Meeting in Fukuoka is fast approaching. I will be co-chairing the meeting with Deputy Prime Minister and Finance Minister Aso. We will be discussing various key issues regarding the global economy and finance.
It is also essential if a central bank is to know when to unwind and remove policy accommodation or special liquidity measures. Defining the principles guiding our financial stability mandate is also important for central banks in communicating with the public and for formulating meaningful debates within the central bank. Second, does a central bank have the ability to effectively pursue a tripartite mandate?