Our judgment now shows the economy has almost broadly emerged from a stalled stage,

The staff at the Institute will present an analysis on how asset price fluctuations and subsequent structural adjustments influence sustained economic growth, based on Japan’s experience since the second half of the 1980s.

However close attention will have to be paid to rising crude oil prices and their impact on the domestic and overseas economies.

Our intention is not to move to credit tightening now.

There is no reason to think now that interest rates will be left at zero for a just a short while after quantitative easing has ended and no reason that they will be zero for...

I certainly welcome discussions on how central banks can best contribute to sustained economic growth and sound development of the global economy.

We will confirm that consumer prices will stabilize at zero or above before taking action.

The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth.

having almost escaped its soft patch.

If we judge that inflationary pressures are restrained and the economy can achieve balanced growth, we can keep interest rates at very low levels.