Foreign exchange rates reflect fundamentals of economies. |
High oil prices are a concerning factor. We have to watch them carefully. |
I hope to explain (to the U.S. officials) the Japanese government's continued efforts toward structural reform. |
I hope to hold broad discussions on U.S. economic conditions. |
It isn't simply a relationship affecting the two countries, ... It's one that holds significance for Asian and world economies, so we must cooperate to develop this favorable relationship further. |
It would be an unavoidable path for whoever becomes (the next prime minister), |
It's important for the foreign exchange market to reflect economic fundamentals and move steadily. |
Japan's currency is not one that lacks flexibility. |
My standpoint has been that we should first sort out the issue of the banks' roles, listen to the users. But ultimately, it comes down to making a political decision, |
No matter who becomes (next prime minister), it will be an unavoidable path, |
Prime Minister Koizumi made the visit based on his personal judgment. |
We see improvement in the Japanese economy, led by domestic demand, and it is likely to continue. But deflation still moderately remains. We haven't fully overcome deflation. |