Takuji Aida Quotes (11 Quotes)

Consecutive gains of core prices provide strong evidence that Japan is finally shaking off a long bout of deflation. It won't be a surprise if the Bank of Japan makes a policy turn even before April.

I think the biggest issue from this downgrade will be trust in Moody's as a ratings agency.

The number is still in line with an overall rising trend.

The Bank of Japan has already laid out a map on how it will alter its policy framework, and financial markets are factoring that in. Opposition from the government and politicians to the central bank will probably continue at least through the end of March.

With economic growth being driven by consumer spending, the Bank of Japan will want to end quantitative easing soon to avoid the risk of the economy overheating.

But special factors, such as a reduction in fixed telephone fees, kept the growth down to 0.1 percent.

We anticipate Japanese companies will try to compete in hiring good workers, driving up wages. Improving employment and rising wages will support demand, prop up economic growth and spur inflation.

For the economic recovery to be sustainable, domestic demand needs to strengthen and the consumer prices need to show consistent gains. Both of these factors are most directly influenced by wages.

His comments suggest that the BOJ would not end its policy at the February meeting, but he did not deny the possibility of a policy shift in March or April.

The functions of credit creation will strengthen amid increasing demand for funds linked to mergers and acquisitions and expectations for higher interest rates.

The shrinking trade balance isn't a bad thing because it's partly a result of strong domestic demand. Given that domestic demand is driving the economy, the rise in oil prices alone isn't enough to derail growth.