Japan had much lower growth in the low inflation period, but this reflects that Japan’s low inflation period was one where the Japanese central bank was persistently but unsuccessfully trying to stimulate the economy, rather than a deliberate effort to hold inflation very close to zero. 2  BIS Review 95/2008  Figure 1.
Today, I am pleased to announce that we have found a solution that has met with full support from all parties. Danmarks Nationalbank and "Det Private Beredskab" have entered into an agreement with the board of directors of Roskilde Bank on taking over all assets and liabilities of Roskilde Bank, except subordinated loan capital, hybrid core capital and an encapsulated savings bank fund.