As we have said repeatedly, should the outlook for economic activity and prices change due to some risk factors, the Bank will make adjustments as necessary.
While overcoming this deflation is the Bank’s manifest mission, for Japan’s economy to move to a sustainable growth path, it is crucial to inspire private economic entities’ 2  BIS central bankers’ speeches  entrepreneurship and dynamism in order to reinforce the growth potential of the economy. In this regard, I strongly expect that the government’s growth strategy will be steadily implemented.