I am sure that the keynote speech by Professor Galí as well as the papers that will be presented in the opening session will help us deepen our understanding of the implications of a low interest rates and low inflation environment for monetary policy. A second issue is about the strategies that central banks should follow: should bygones be bygones?
The Bank will continue to firmly support your efforts from the financial side by maintaining a favorable macroeconomic environment. Thank you very much for your attention. 8  Japan's Economy and Monetary Policy Speech at a Meeting with Business Leaders in Osaka  September 26, 2022 KURODA Haruhiko Governor of the Bank of Japan  Introduction I. Economic Developments II. Price Developments III.