Today, I will first explain in detail the current situation of economic activity in Japan and its outlook, while outlining the Outlook for Economic Activity and Prices (Outlook Report) released after the Monetary Policy Meeting (MPM) held at the end of April. Then, I would like to talk about the Bank's thinking behind the conduct of monetary policy. I.
The Current Situation of Economic Activity and Its Outlook Overseas Economies Let me start by talking about economic developments. I will first touch on developments in overseas economies. Overseas economies have continued to grow firmly.