“Kiss of Death” – Incurring the Wrath of Markets Far-sighted government leaders may be able to reap benefits of convincing voters about the importance of investing in macro-economic stability; for instance, by claiming credit for the long-term nature of financial sector outcomes attained by allowing the central bank autonomy in decision-making and delivery of its core functions.
The Bank of Japan, while keeping up with these changes, will contribute to ensuring the soundness of financial institutions so that better financial services are provided to firms and households in a stable manner, in cooperation with the various authorities and parties concerned making use of opportunities such as international meetings. Thank you for your attention. 7