• BOJ Board median forecast Japan GDP seen +2.6% in year to March 2011 ( April forecast +1.8%)
  • BOJ says Policy Board decision was unanimous
  • Japan Core CPI seen – 0.4% in year to march 2011 ( April forecast -0.5%)
  • BOJ maintains economic assessment
  • Japan business sentiment improving
  • Important to pull Japan out of deflation
  • BOJ will maintain very easy monetary conditions
  • Japan likely to be on recovery trend
  • Economy showing further signs of moderate recovery