Whether we reach 1.7 percent this year does not really have much meaning.
More Quotes from Heizo Takenaka:
It's a decision made by the markets and I don't think that decision is that far off economic fundamentals,Heizo Takenaka
We see good signs in both corporate expenditure and spending, which are the key ... Especially in exports, whose recovery had been seen as difficult, the annualized growth rate stood at 11.6 percent.
Heizo Takenaka
And it is going into wages, which should boost spending.
Heizo Takenaka
It was extremely regrettable. The legislation was an important milestone. The rejection is a major loss to the Japanese economy.
Heizo Takenaka
The BOJ used its authority to make the decision even though deflation remains a problem.
Heizo Takenaka
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