Fresh headlines are crossing the wires from a senior Bank of Japan (BOJ) official Etoh, as he speaks about the Japanese economy.
Japan’s economy likely to continue expanding moderately as a trend.
Inflation likely to gradually accelerate toward 2% but various uncertainties exist on this forecast.
Japan’s financial system maintaining stability as a whole.
Japan’s economy now showing signs of excess that were seen during bubble period of late 1980s.
BOJ will scrutinize developments in Japan’s property market, impact on financial institutions’ profits.