In line with this, the Bank clarified that it would purchase a necessary amount of JGBs without setting an upper limit so that 10-year JGB yields would remain at around zero percent. Coupled with the government's aggressive fiscal responses including the emergency economic measures, I expect that these monetary easing measures will enhance the effects of so-called policy mix of monetary and fiscal policies.
That said, the best way to prevent crises in the future is to make sure that our economies are prudently managed and that we don’t let financial imbalances develop, as was unfortunately the case before the crisis. 4.