- PM Noda: Important for government and BOJ to work closely on beating deflation
- BOJ Shirakawa: Effect of monetary policy takes some time to appear; wants to achgieve 1% inflation goal asap; relying on monetary policy alone to defeat deflation can lead to unintended effects
- EconMin Furukawa: Will take bold steps against excessive FX market fluctuations; Japan still in moderate deflation but pace is easing