May 29, 2019  Ba n k o f J a p a n  Opening Remarks at the 2019 BOJ-IMES Conference Hosted by the Institute for Monetary and Economic Studies, Bank of Japan  Haruhiko Kuroda Governor of the Bank of Japan  I. Introduction Good morning.
I am honored to welcome such distinguished guests from around the globe to the 25th BOJ-IMES Conference. On behalf of the conference organizers, I thank all the guests in this room. This year’s conference is titled “Central Bank Design under a Continued Low Inflation and Interest Rate Environment.” The current theoretical framework for monetary policy was developed before the Global Financial Crisis.