Japan's economy is no longer a sick patient.
With core CPI (at or) above zero for three months, we have entered a critical period for policy decision-making. I have no doubt about that.
There is no doubt that our judgment (for a policy shift) has entered a crucial stage.
When making decisions on economic and price conditions, we will focus on the CPI as the 'inflation rate', while closely analyzing output and import prices.
When changing the current 'quantitative monetary easing' in the future, current reserves will be reduced to levels required by the market, but interest rates will stay at a very low level before they are adjusted in tandem with economic fundamentals.
