In other words, while confirming that Japan's economy remains likely to follow a path of sustainable growth under price stability and assessing relevant upside and downside risk factors, the Bank will adjust the level of interest rates gradually in accordance with improvements in the economic and price situation.
The Bank is determined to conduct monetary policy appropriately based on careful assessment of economic activity and prices as well as the situation of financial markets at home and abroad, thereby contributing to sustainable economic growth under price stability. III.