Given that we will have an ECB Governing Council meeting tomorrow, let me clarify from the outset that nothing in my remarks this morning should be interpreted with regard to current monetary policy issues. Turning to today’s event, I am impressed and deeply moved by the charitable work done by the various foundations that have won this award over the years.
4  BIS central bankers’ speeches  On this point, looking at the recent developments in fixed investment and wages in relation to corporate profits, it is true that these give the impression that the paces of increase in fixed investment and wages were still relatively slow when considering that firms have been making record profits (Chart 8).