number of respondents  35  July 2018 survey (before the introduction of forward guidance) October 2018 survey  30  May 2019 survey  25 20 15  April 2019 "The Bank intends to maintain the current extremely low levels of short- and long-term interest rates for an extended period of time, at least through around spring 2020, taking into account uncertainties regarding economic activity and prices including developments in overseas economies and the effects of the scheduled consumption tax hike."
10 5 0 -0.1～ 0.0  0.0～ 0.1  0.1～ 0.2  0.2～ 0.3  0.3～ 0.5  0.5～ 0.75～ 0.75 1.0 %  Source: JCER, "ESP Forecast." 5  Chart 6  II.