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Letter "N" » Naoki Iizuka Quotes
«Setting a new guidepost by the Bank of Japan is crucial. There are growing concerns in financial markets about how to gauge the Bank of Japan's next move after the conditions are met, including when it will start to raise rates.»
«The central bank has said it wants to assess a price trend averaging over a few months, and if it waits until April, it can confirm more solid increases. That will back up the bank's case that they expect consumer prices to show stable gains.»
«The economy has been performing well since late last year, and the positive effect is filtering through to prices.»
«Cold weather in January may have kept consumers at home and hurt spending, but when discounting such special factors, there's no change in the recovery trend in consumption.»
«Domestic demand is leading growth and will keep driving the expansion. With the end of deflation on the horizon, corporate spending is going to accelerate.»
«The government's message is that the central bank should take all the responsibility for what would happen to the economy if it makes an independent policy judgment.»
«Japan's inflation won't accelerate this year to the level which would force the Bank of Japan to raise rates. Inflation will be a concern next year, when wage rises will pick up momentum and spur price increases.»
«I think the output gap is around zero percent, plus or minus 0.5 percentage points.»
«The jobless rate could fall below 4 percent in March or April, and that could prompt views that growing employment will further push up prices.»
«If the BOJ fails again like it did in 2000, this could be a fatal blow to the credibility of Japanese monetary policy.»