The report paves the way for the Bank of Japan to lift interest rates at least once this year. The Japanese economy gives no reasons to restrict the bank's successive rate increases after the first one.
The latest trade figures confirm that Japan's economy is recovering steadily and modestly.
The latest current account surplus... confirmed the view that the economy is growing at a moderate pace.
By pushing through the policy change, the Bank of Japan risks being blamed by the government if something happens to the economy and things deteriorate.
Expectations for higher interest rates are solid now. No one doubts that the Japanese economy is improving.
There's no doubt that the economy is emerging from deflation, and is at little risk of slipping back into it.