By pushing through the policy change, the Bank of Japan risks being blamed by the government if something happens to the economy and things deteriorate.
The Bank of Japan already has a free hand to decide when to raise interest rates. The bank will probably take action in the third quarter.
Expectations for higher interest rates are solid now. No one doubts that the Japanese economy is improving.
Business spending is evidently strong and will remain so for the rest of the year, driving overall economic growth.
The pace of consumer spending in the first half was too strong, so it will be slower in the second. The gradual increase in wages and decrease in unemployment will continue.
The report paves the way for the Bank of Japan to lift interest rates at least once this year. The Japanese economy gives no reasons to restrict the bank's successive rate increases after the first one.
Wage and labor conditions have been a lot stronger than expected. We expect the bank to end its zero-rate policy in the third quarter.
The Tokyo market always takes a fall in the Nasdaq to heart.
The latest trade figures confirm that Japan's economy is recovering steadily and modestly.
The latest current account surplus... confirmed the view that the economy is growing at a moderate pace.