The Bank’s view on recent economic and financial developments, determined by the Policy Board at the Monetary Policy Meeting held on November 17 as the basis of monetary policy decisions. 1  BIS Review 103/2000  With regard to prices, import prices are rising, reflecting an increase in international commodity prices such as crude oil prices since April.
In a period of large-scale changes, the first step to opening the door to dramatic growth is to accept those changes and view such uncertainties as opportunities to be seized. The Bank will continue to support your efforts, so that regional innovation and new business models will inspire and motivate not only the region but Japan’s economy as a whole.