Masuhisa Kobayashi Government Quotations

As the government is growing increasingly receptive to the idea of a policy shift, the central bank could very well change policy as early as March 9.

The fact that BOJ acted in the face of resistance from certain government officials and politicians means the market must now focus its attention on the central bank rather than the government.

Although some government officials and ruling bloc lawmakers remain reluctant toward an early policy shift, there are nearly no objections in the private sector, including the banking industry, the insurance industry and business lobbies.