According to the Bank's estimates, the potential growth rate has been in the range of 0.5-1.0 percent recently. Although the rate has risen compared to around 2010, it can be said that Japan's growth potential has been sluggish.
It is, of course, tempting for the politicians and social partners, caught up in their many daily conflicts and confrontations, to call for a more expansionary monetary policy, as this will seemingly enable an easier solution of conflicts.