In the following, I will answer to some questions raised related to the measures taken this time.
First, the question on “why the Bank decided monetary easing at this time’s Monetary Policy Meeting.” That originates both from a view that “the past assessment of the economy might have been too optimistic” and a view that “the Bank could have waited until it checked the result of the Tankan survey to be released at the beginning of October and it conducted the full examination in the Outlook Report scheduled for the end of October.” As for the assessment of the economy, in recent months, it has been said that the deceleration phase of overseas economies has been continuing on such occasions as  BIS central bankers’ speeches  9  Governor’s press conferences, speeches, and interviews.