Decision at the MPM in February  Based on the "New Framework for the Conduct of Monetary Policy" announced in March 2006, the Bank examines future risks from two perspectives. The first perspective examines the prospects as well as risks for the economy and prices basically within a projection period of one and a half to two years.
At the MPM held in February, it was judged that Japan's economy "is likely to continue its moderate expansion with a virtuous circle of production, income, and spending in place."