As I was preparing for this talk, it struck me that most people, even educated people, do not know very much about what the Reserve Bank does and why what it does is important. Many people think of the Reserve Bank as a mysterious institution, a sort of monolith – doing obscure things that have no real relevance for the everyday lives of people.
Toshihiko Fukui: Achieving sustainable growth Speech by Mr Toshihiko Fukui, Governor of the Bank of Japan, at a luncheon for the EU Ambassadors, Tokyo, 28 November 2003. *  *  *  Today, I will talk about Japan's economic outlook and the conduct of monetary policy in pursuit of sustainable growth. Japan's economy is starting to recover gradually.