英語 での To overcome deflation の使用例とその 日本語 への翻訳
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Bearing this in mind, the Bank continues to work to overcome deflation, which is the most pressing item on the agenda. Second, maintaining financial system stability.
As the deflationary trend continued, the government would like the Bank to conduct effective monetary policy in order to overcome deflation in fiscal 2005.
The government hoped that the Bank would implement effective monetary policy to overcome deflation in fiscal 2006 that would be consistent with the government's outlook for the economy.
In order to overcome deflation, we have to aim at an inflation rate in terms of the year-on-year rate of change in the CPI that is higher than 0 percent.
Moreover, the Government hoped that the Bank, headed by the new Governor and Deputy Governors, would conduct monetary policy to overcome deflation in closer coordination with the Government.
The first is that we should do whatever is necessary to overcome deflation, which has been causing a deterioration in Japan's economy for nearly 15 years.
Another member added that, in order to overcome deflation, such a rise in the expected growth rate was necessary, and it was essential that firms and financial institutions make further efforts to improve their business performance.
One member emphasized that the measures to overcome deflation were not ones designed to create inflation, but ones that would realize sound economic growth.
In response to this, one member said that the choice of the policy measures should be left to the Bank if the Government sought to overcome deflation through liquidity provision by the Bank.
In order to overcome deflation, it is necessary not only to achieve short-term economic recovery but also to strengthen medium- to long-term growth potential of Japan's economy and remove structural downward pressure on demand.
In order to achieve sustainable growth for Japan's economy, it is necessary to overcome deflation as well as to raise the potential growth through strenuous efforts both of the public and private sectors.
As I mentioned earlier, to overcome deflation, in addition to the measures I have mentioned, efforts to strengthen growth potential by private firms, financial institutions, and also by the policy authorities will be necessary.
As just described, while it still takes some time to overcome deflation, from a somewhat longer-term perspective, Japan's economy is expected to return to the sustainable growth path with price stability.
I would like to conclude my speech by promising that the Bank will surely manage to overcome deflation, which is the largest challenge facing Japan's economy, through such conduct of monetary policy.
To overcome deflation, which has been weighing on Japan's economy for a protracted period, as soon as possible, the Bank will continue to pursue the proper monetary policy.
The government would like the Bank to maintain the current policy and continue to give market participants and the public a strong message that it would maintain the monetary easing policy to overcome deflation.
Up to now, I have described the Bank's efforts to overcome deflation and discussed things to keep in mind by focusing on the policy decisions made recently.
As I will describe later, to overcome deflation, the Bank of Japan introduced last April quantitative and qualitative monetary easing, dubbed QQE-- an unprecedented bold monetary easing-- and has been pursuing this policy.
These are the mission to overcome deflation, the mechanism to contain a financial crisis, and the role of a central bank as the Lender of Last Resort.
In this sense, raising inflation expectations is both an objective of QQE and, at the same time, the key to implementing the QQE transmission mechanism to overcome deflation.