MPMs, where the Policy Board decides a guideline for money market operations for the intermeeting period ahead and formulates the Bank's view on recent economic and financial developments, are held regularly, once or twice a month. Aside from these meetings, Policy Board meetings where the Bank's business operations, management strategy, and other issues are decided are, as a general rule, held twice a week.
B.  Preparations for MPMs  Let me describe how Policy Board members prepare for MPMs. Policy Board members accumulate various types of information useful for the Bank's conduct of monetary policy through their analysis of the economic situation and financial market developments, the daily conduct of business operations, and exchanges of views with representatives from various fields.