Of course, whether Japan’s economy will move in line with the scenario I mentioned earlier is uncertain, as the environment surrounding firms and households remains severe.
As part of this outreach effort, the Federal Reserve System will hold a research conference June 4-5, 2019, hosted by the Federal Reserve Bank of Chicago and featuring outside speakers and panelists. The Federal Reserve Board and Reserve District Banks will also be holding outreach and public events as we seek views from a wide range of interested parties.