This was once more made clear by the tragic event in the United States. A final word Central banks play a pivotal role in bringing about financial stability. There can be no stability without confidence.
Confidence in the value and authenticity of money; confidence, also, in the solvency and integrity of the financial institutions to which we entrust our money; confidence in the adequate operation of the financial infrastructure; and, confidence in the independence and expertise of the monetary and supervisory authorities.