Analyses that form a basis for the Bank’s assessment of risks in the financial system as a whole are semiannually published as the Financial System Report. The next issue will be published in mid-October and I hope you will have a chance to read it. Concluding remarks Let me conclude by briefly touching on the Bank’s monetary policy management.
Although a decline following the front-loaded increase in demand prior to the consumption tax hike still remains and there has been some weakness in exports and industrial production, a steady improvement in the employment and income situation has been continuing and household sentiment has been improving. Firms have been maintaining their proactive stance for business fixed investment as corporate profits have improved.