Japan's economy currently confronts the large structural challange of declining trend growth rates amid rapid aging population. Tackling this challenge is crucial for establishing a new basis for economic growth. The goal of overcoming deflation will be achieved through such efforts to strengthen growth potential and via support from financial side. With this in mind, it is important for financial firms, financial institutions, the government, and the central bank each to continue exerting themselves in their respective roles. Based on the above recognition, the Bank of Japan clarified its monetary stance and further ... (full story)