Deflation appears to have ended, but inflation is still very low. The Bank of Japan is better placed to decide what the appropriate timing of interest rate increases should be. Our recommendation would be to err a little on the side of caution. |
Everyone's vision is that Wellington can be more than the winter equestrian capital. I think it can be the equestrian capital -- winter, spring and fall. |
I know what it’s like, ... I know what these men are going through. I know every one of them, and it pains me that I’m not over there with them. |
I think everybody feels a little bit of compassion, that wants to help out in some way and this is our kids'‚ way of wanting to do it. The kids really initiated everything. |
I think it (Japan's economic outlook) will certainly be revised upwards, probably significantly, in light of the strong performance recently. |
I'm not surprised they filed (the request to dismiss). I think we will be able to show that (the development) will have a negative effect on their property value and that will be enough to provide them with standing. |
It also occurred to me, what's the nature of the emergency? They did not point that out. |
It's a little weird, ... just looking around and thinking we're going to be butting heads [today]. |
Japan's recovery is really firmly based and it is driven by domestic demand. For the rest of Asia, the pace of growth is expected to continue at a decent level this year and next. |
There is scope to do more, ... a favorable environment to allow greater exchange rate flexibility. |
They need political stability and an end to the insurgency to get things going in Nepal. |
We do see scope for greater flexibility and utilizing more fully the flexibility allowed in the existing system. |
What leads to higher growth in the short run could lead to difficulties in the medium term. It could mean too much investment in the wrong places, excess capacity in certain sectors,non-performing loans for the banks. |
What leads to higher growth in the short-run could lead to difficulties in the medium term. |