In addition, so that the market can always check the Bank’s actions, the Bank will continue to disclose the state of purchases under the Program in a transparent manner. Concluding remarks I have spent quite a time talking about the current state and outlook of the global economy and Japan’s economy, and the Bank’s conduct of monetary policy based on them.
On that occasion, it occurred to me that the renowned economist and philosopher – and eventually Nobel laureate – Amartya Sen had given in these same rooms the first of our scholarly lectures entitled to the memory of our late governor Paolo Baffi. Sen’s lecture was on “Money and Value: on the Ethics and Economics of Finance”.