As can been seen in the past experience of Japan's economy, it is not correct to assume that inflation comes first followed by an economic upturn or an increase in growth rate. What happened in the past was opposite: an economic upturn and a rise in growth rate came first and inflation followed with a lag.
Under such new relationships, both firms and banks are expected to take advantage of opportunities. For example, banks should closely monitor the condition of a firm’s business, and promptly revise the conditions attached to credit when the firm’s situation changes substantially.