Barclays: U.S. Treasuries attracted $2 billion in inflows in the latest week.

Kazuo Ueda, Governor of the Bank of Japan: Policy effects tend to last for a period of time after prices exceed expectations, so we will communicate cautiously with the market and provide forward-looking guidance.

Kazuo Ueda, Governor of the Bank of Japan: Consider the possibility of expressing a clear view on prices.

Kazuo Ueda, Governor of the Bank of Japan: Will consider providing a more detailed risk description in the policy document.

Kazuo Ueda, Governor of the Bank of Japan: Risk assessment is an element that reflects the probability of CPI.

Kazuo Ueda, Governor of the Bank of Japan: But we have not changed the policy because the current inflation in Japan is considered unsustainable.

French Finance Minister Bruno Le Maire: I hope to reach an agreement on fiscal rules before the end of the year.

Kazuo Ueda, Governor of the Bank of Japan: The yen has indeed depreciated recently.

French Finance Minister Le Maire: EU countries are close to reaching an agreement on fiscal rule reform.

Kazuo Ueda, Governor of the Bank of Japan: The future inflation rate may be lower than 2%, although it has exceeded this target for 13 consecutive months.

Kazuo Ueda, Governor of the Bank of Japan: Rising stock and other asset prices may have a positive impact on consumption and capital spending, but too much may have a negative impact.

Kazuo Ueda, Governor of the Bank of Japan: If policy measures are taken today, they will play a role in the economy within 6 months to 1 year.

Kazuo Ueda, Governor of the Bank of Japan: Pay close attention to the impact of rising asset prices.

Kazuo Ueda, Governor of the Bank of Japan: There is a risk that the prudent policy response will lead to excessive inflation, but there is also a risk that the hasty normalization of monetary policy will cause inflation to fall short.

Kazuo Ueda, Governor of the Bank of Japan: Food, daily necessities and hotel prices have risen.

Bank of Japan Governor Kazuo Ueda: The policy target is linked to inflation, not wages.

Kazuo Ueda, Governor of the Bank of Japan: It is more difficult to respond to premature interest rate hikes that cause inflation to fall short of the target than to respond to excesses.

Kazuo Ueda, Governor of the Bank of Japan: We do not set a target for the level of wage growth.

Bank of Japan Governor Kazuo Ueda: Responding to lower than expected prices is more challenging than dealing with higher than expected prices.