And to ensure that the right conclusions are drawn from the data, we should make more anonymised micro data available to the public – at least as far as it is possible with regard to our commitment to protect the confidentiality of data pertaining to individual banks, firms or citizens. 2.
The intrinsic difficulty regarding the conduct of monetary policy lies in our limited knowledge of economic prospects and mechanisms, and innovation in information technology and advances in globalization may further aggravate such difficulty. Under such circumstances, we should not suppress, by regulation, the development of technology and innovation in the market.