• Will look at data, markets to measure impact of quake at April meetings
• Some money market players may feel fund shortage even if bids weak in BOJ ops
• No data yet on the economic impact of quake
• Planned power outages likely to impact economy by no small degree
• Central bank underwriting govt debt will trigger hyperinflation
• Focus of todays’ steps was to boost buying of risk assets
• BOJ steps aimed at keeping risk-aversive stance from increasing
• Will watch market conditions in deciding fund supply size from tomorrow
• Have received offers from other central banks for help if needed
• No change in BOJ stance of aiming to push down both longer-term rates and risk premium