Also, more importantly, the expression is very similar to my present projection and could be regarded as more or less in line with it by interpreting “around 2 percent” flexibly. Based on these two reasons, I supported the Bank’s revised expression. IV.
Conduct of monetary policy  Despite the downward revision of the Bank’s outlook for economic activity and prices from the July 2015 interim assessment, I view that it is important for the Bank to maintain the accommodative monetary environment by continuing the current guideline for money market operations.