November 26, 2012
Following is the gist of remarks made by Chairman Yonekura at his Press Conference. Translation is rush and tentative, and sequence of the gist does not necessarily coincide with words delivered.
Monetary Policy
Monetary policies which would be perceived by the market as monetizing the debt should be avoided. Such policies are highly likely to erode fiscal discipline and confidence in government bonds. Through steadfast realization by the government of its growth strategy, it is necessary to boost demand and solve deflation.
Relationship with Politics
Keidanren's relationship with politics is strictly policy oriented. It is hoped that common perceptions on policies that are necessary for the future, including promotion of policies that are conducive to economic growth, will become pervasive through the upcoming election.