We've just ended quantitative easing so it is too early to say when to end the zero (interest) rate policy.
We will confirm that consumer prices will stabilize at zero or above before taking action.
Interest rates will stay at zero for some time, then stay extremely low and go through an adjustment period.
Interest rates will stay at zero for a while, then move to extremely low levels before being adjusted according to economic conditions.
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 a long period,
The year-on-year rate of change in consumer prices is projected to be zero percent or to show a slight increase towards the end of this year,
It's necessary to make the judgment calmly and objectively without any preconceived notions about whether the consumer price index excluding fresh food prices has stabilized at zero or above.
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.
Based on a recovering overall economic climate, the consumer price index, excluding fresh food prices, was at or above zero percent for the third consecutive month since October.