Home > Resources > Central Banking Series: Japan Session 1 : Monetary Policy : How to Cope with Unconventional Policy

Central Banking Series: Japan Session 1 : Monetary Policy : How to Cope with Unconventional Policy

VIDEO November 13, 2017

  • Patrick T. Harker, President and CEO, Federal Reserve Bank of Philadelphia
  • Gudrun Monika Moede, Deutsche Bundesbank, Head of the Representative Office in Tokyo
  • Yoshinori Nakata, Director General, International Department, Bank of Japan
  • Moderator: Akinari Horii, Special Advisor, Canon Institute for Global Studies

Speaker / Author

Patrick T. Harker, Ph.D.

President and Chief Executive Officer, Federal Reserve Bank of Philadelphia

Patrick T. Harker took office on July 1, 2015, as the 11th president and chief executive officer of the Federal Reserve Bank of Philadelphia. He was reappointed for his second five-year term effective March 1, 2021. In this role, Harker participates on the Federal Open Market Committee, which formulates the nation’s monetary policy. As an engineer by training, Harker has continued to apply his research and receive patents throughout his career. He considers the effect of automation on the labor force as “the perfect intersection” of engineering and economics. Other technological influences, including artificial intelligence and machine learning, are also playing ... Read More

Gudrun Monika Moede

Head of Deutsche Bundesbank’s Representative Office Tokyo

Gudrun Monika Moede is Head of Deutsche Bundesbank’s Representative Office Tokyo since autumn 2015. She joined the German central bank in 1986 and has served the Bank in various positions, starting at a branch office in the North of Germany, but then mainly in the central office in Frankfurt. For several years she worked in the IT department, inter alia being in charge of IT security management, a member of various ESCB working groups. and task forces and the chairwoman of the Working Party on Security Issues at the BIS. She was also in charge of the planning and construction of ... Read More

Yoshinori Nakata

Director-General, International Department of the Bank of Japan

Mr. Yoshinori Nakata is currently Director-General of the International Department of the Bank of Japan. Mr. Nakata joined the Bank in 1988 and has worked in various areas with a focus on international relations, financial markets research and prudential policy. He was most recently, Deputy’s Deputy for the Bank of Japan at G7 and G20 meetings, as Deputy-Director General of the International Department. He has also represented the Bank in various international committees and working groups of the BIS (Basel Committee on Banking Supervision <Chairman of the WG on the Definition of Capital>, Committee on the Global Financial System) and ... Read More

Akinari Horii

Special Advisor, Directors of the Canon Institute for Global Studies

Akinari Horii is Special Advisor and a member of the Board of Directors of the Canon Institute for Global Studies, a research think tank in Tokyo, Japan. He also sits on the Audit & Supervisory Board of Tokio Marine Holdings. In addition, Akinari advises a few internationally active business firms, e.g., Nomura Securities. Akinari Horii was a central banker until he stepped down as Assistant Governor of the Bank of Japan in June 2010. During the four years’  term of office, Mr. Horii was responsible for the Bank’s all international activities and represented the Bank at G7Deputies, G20Deputies, FSB, and other ... Read More