1/4  BIS central bankers' speeches  Carefully-calibrated and well-communicated monetary policy has effectively anchored market expectations. It has enabled us to maintain price stability while providing support to economic expansion. We shall continue to improve the IRC system towards a more market-friendly implementation of monetary policy. The financial sector also demonstrates stability and sustained growth.
Fellow members of the Bank of Korea,  You might be wondering why I speak from such a broad, big-picture perspective, when our core job as the central bank is to ensure price and financial stability. It can never be overemphasized that the greatest task for the Bank of Korea is to promote macroeconomic stability, thereby winning the public trust.