People's medium- to long-term inflation expectations are projected to rise steadily as further price rises come to be observed widely. With these positive developments persisting, the Bank will steadily proceed toward achieving the price stability target of 2 percent. Under the current framework of "QQE with Yield Curve Control," the Bank will continue to persistently pursue powerful monetary easing.
Conclusion Lastly, I would like to once again touch upon the economy of the Tokai region. As I mentioned earlier, the region is the frontrunner of economic expansion in Japan.