Sustainable, stable achievement of inflation target should be determined on not just wage figures but also on economic, price trends, underlying mechanism, future outlook.

Necessary to achieve 2% inflation target sustainably, stably in tandem with wage growth.

Today's decision on yield curve control is not an exit of yield curve control or change in policy.

Appropriate to continue easing policy.

Decision was made today as deteriorating market functions could threaten corporate financing.

Bond market volatility has recently been heightening again, distorting yield curve shapes.

Expects volatility in global financial markets to decrease gradually.

Cannot be optimistic amid uncertainties from Ukraine war, rate hikes in western economies, China’s shift of zero-covid policy.

Economic stimulus effect has been rising despite same nominal rates because inflation brings real rates down.