Kazuo Ueda, Governor of the Bank of Japan: The level of underlying inflation cannot be determined by just one indicator, not only in Japan but also in Western economies.

Bank of Japan Governor Kazuo Ueda: There is no easy answer to measuring underlying inflation.

Sony: The consumer electronics industry is expected to face tough times.

Bank of Japan Governor Kazuo Ueda: We want to wait until wage growth is confirmed before acting.

German Finance Minister Lindner: The banking framework of EU institutions is stable.

Bank of Japan Governor Kazuo Ueda: Rising prices need to be accompanied by growth in wages, corporate profits and employment.

German Finance Minister Lindner: Fiscal rules need numerical benchmarks to cut debt.

Sony COO: The target for this fiscal year is to sell 25 million PS5s.

Kazuo Ueda, Governor of the Bank of Japan: We will consider unconventional measures starting then.

Bank of Japan Governor Kazuo Ueda: The review will start in 1998, when deflation roughly started.

Bank of Japan Governor Kazuo Ueda: Stable 2% inflation likely before (next) spring wage talks.

Bank of Thailand: Thai economic activity may improve in April.

Kazuo Ueda, Governor of the Bank of Japan: The next spring wage negotiation is a very important factor to consider.

Kazuo Ueda, Governor of the Bank of Japan: It must be admitted that the side effects of the current monetary policy exist in certain areas.

Bank of Japan Governor Kazuo Ueda: The monetary easing policy of the past 25 years has been effective to some extent, but it has not been successful in achieving the 2% inflation target.

Kazuo Ueda, Governor of the Bank of Japan: It will still take some time for inflation to reach the target.

Bank of Japan Governor Kazuo Ueda: The review we conducted does not mean that past monetary easing was ineffective.

French inflation data was higher than expected, and short-term euro zone bond yields rose. French 2-year bond yields rose 4.2 basis points to 3.013%; German 2-year bond yields rose 4.6 basis points to 2.888%.

Bank of Japan Governor Kazuo Ueda: Our concerns about mid-sized financial institutions remain.

Kazuo Ueda, Governor of the Bank of Japan: We will gradually announce the results of the review.