If the current account surplus is maintained  3  See the October 2013 issue of the Regional Economic Report released by the Bank (only the summary of the report is available in English) and the report on the features of and background to business fixed investment in the nonmanufacturing sector of the Chubu region released by the Bank’s Nagoya Branch on October 18, 2013 (available in Japanese).
Now you may ask, would you be seeing further action from the BSP? Let me just say that all the tools available to us in our “expanded tool kit” remain on the table. I reiterate that the BSP is fully committed to the inflation target and is prepared to deploy all policy tools as warranted.