Finally, just like every other enterprise, central banks must adapt their ways of working to the standards imposed by the changing environment they operate in. Non-hierarchical, multidisciplinary work processes should unlock the knowledge now sometimes contained in local silos. Enhanced diversity of staff should both improve the quality of work and increase society’s association with the central bank and its policies. I conclude.
Price stability, financial stability and promoting the smooth functioning of the payments system will also in the future govern most of central banks’ actions.It is the task of central banks, also in the future, to foster trust in money in each of these domains. This trust is not something which falls from heaven; it has to be built, and maintained, on a daily basis.