I think it is gradually becoming a given that the BOJ will at some point next year end its quantitative easing policy.
More Quotes from Kiichi Murashima:
It was symbolic. The long decline in bank lending has come to an end.Kiichi Murashima
There remains some risk. If turmoil in the equity markets should continue, that would impact consumer sentiment and consumer behavior. No one really knows what will happen. There can be a second wave of scandal from other companies. I can't dismiss that possibility.
Kiichi Murashima
The deficit appeared to be wider than the market consensus but this is due mainly to the Lunar New Year holiday.
Kiichi Murashima
The economy will continue this gradual recovery led by private domestic demand. Any changes in economic policy brought on by the election probably won't alter that scenario.
Kiichi Murashima
That means a long-lasting declining trend in bank loans is ending.
Kiichi Murashima
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