Taking into account Japan’s current situation of protracted deflation, this measure should be pursued as long as benefits are considered to exceed costs, even if various risks are entailed. In the course of pursuing this measure, with a view to ensuring sustainable recovery in the economy, the Bank will carefully examine risk factors such as market conditions and developments in economic activity and prices.
On this point, in the statement released on April 4, 2013, it is noted that the Bank will examine both upside and downside risks to economic activity and prices, and make adjustments as appropriate.