2  Levine, Ross; Law, Finance and Economic Growth; Journal of Financial Intermediation 8 (1999). BIS central bankers’ speeches  1  that FSLRC has been constituted to look into and revise the existing financial legislation. In this context, the role of this Congress is very important in facilitating deliberations.
In the right-hand chart, the CPI figures are staff estimates and exclude mobile phone charges and the effects of the consumption tax hikes, policies concerning the provision of free education, and the "Go To Travel" campaign, which covers a portion of domestic travel expenses. Figures for the output gap are staff estimates. Sources: Ministry of Internal Affairs and Communications; Bank of Japan.