Says BoJ will not hesitate to ease its monetary policy further if there is a greater possibility that momentum towards achieving 2-percent inflation target is lost

When BoJ pursues monetary easing, economic stimulus adopted by the government can exert significant effects to maintain the expanding trend in the economy

Cooperation between monetary and fiscal authorities entails difficulties in terms of ensuring public confidence toward macroeconomic policy

Hopes that firms' stance will continue to shift toward further raising wages and prices under favorable economic environment, and that a virtuous cycle of wages and prices will gain further strength

Notes that firms need to continue with positive investment

BoJ will continue to firmly fulfill its responsibility as central bank of achieving price stability target so that Japan's economy will grow in a sustainable manner under the virtuous cycle of the economy