The Bank will continue to improve the accuracy of its judgment by thoroughly examining a wide range of data, including firms’ inflation expectations, which are scheduled to be added to the Tankan (ShortTerm Economic Survey of Enterprises in Japan) survey in the first half of 2014. Concluding remarks A little less than six months have passed since the introduction of the QQE.
Sharing of information is more than just the exchange of facts and figures; it is learning about how other economies work, about how other policy-makers think, and about which approaches in the other countries have worked, which did not, and why. In a crisis, there must be timely sharing of market intelligence.