Bank of Japan member Naoki Tamura: The Bank of Japan’s measures in July are expected to have a limited impact on the Japanese economy because long-term interest rates are not expected to rise significantly.

Bank of Japan member Naoki Tamura: The Japanese government bond market has been quite stable since the Bank of Japan’s decision in July.

Naoki Tamura, member of the Bank of Japan: It is important not to target a specific level of the yen, and a stable exchange rate trend is important.

The South Korean Defense Minister will visit Poland from August 30 to September 2.

Polish central bank official Wnorowski: The inflation rate is expected to remain in single digits in August.

Bank of Japan member Naoki Tamura: I will not comment on foreign exchange levels and volatility.

Bank of Japan member Naoki Tamura: The Bank of Japan’s decision in July was not directly aimed at the foreign exchange market.

Bank of Japan member Naoki Tamura: The Bank of Japan will pay close attention to the impact of foreign exchange fluctuations on the Japanese economy and conduct monetary policy adjustments.

Bank of Japan member Naoki Tamura: It is very important that foreign exchange fluctuations reflect economic and financial fundamentals.

Bank of Japan member Naoki Tamura: Ending negative interest rates is an option if the target is reached between January and March.

Bank of Japan member Naoki Tamura: Long-term easing policy has inhibited the effect of market principles.

Bank of Japan member Naoki Tamura: The order and speed at which the Bank of Japan will exit its easing policy will depend on the economic conditions at that time.

Polish Central Bank member Kotecki: There is no room for interest rate cuts.

Bank of Japan member Naoki Tamura: Even if the Bank of Japan abandons negative interest rates, it does not mean monetary tightening or rate hikes because monetary conditions will remain loose.

Bank of Japan member Naoki Tamura: Ending negative interest rates is an option when the time is right.

Naoki Tamura, member of the Bank of Japan: The time to exit the easing policy cannot be too late, nor too early.

Bank of Japan member Naoki Tamura: It takes a little time to judge the price target.

Bank of Japan member Naoki Tamura: The key is to take timely policy actions based on the actual situation.

Bank of Japan member Naoki Tamura: Decisions must be made based on data.

Bank of Japan member Naoki Tamura: Price trends have an uncertain outlook.