Quotes by Hiroaki Muto

“The pace of consumer spending in the first half was too strong, so it will be slower in the second. The gradual increase in wages and decrease in unemployment will continue.”

“The Tokyo market always takes a fall in the Nasdaq to heart.”

“Business spending is evidently strong and will remain so for the rest of the year, driving overall economic growth.”

“We had once thought Mr. Koizumis government could meet our expectations, but it now seems we may have overestimated their ability.”

“The latest trade figures confirm that Japans economy is recovering steadily and modestly.”

“Theres no doubt that the economy is emerging from deflation, and is at little risk of slipping back into it.”

“By pushing through the policy change, the Bank of Japan risks being blamed by the government if something happens to the economy and things deteriorate.”

“Expectations for higher interest rates are solid now. No one doubts that the Japanese economy is improving.”

“Wage and labor conditions have been a lot stronger than expected. We expect the bank to end its zero-rate policy in the third quarter.”

“The latest current account surplus... confirmed the view that the economy is growing at a moderate pace.”