Summary statement of the G20 Finance Ministers Meeting: Downside risks to global economic activities include regional military actions and escalation of conflicts; geoeconomic fragmentation; rising protectionism; and disruption of trade routes.

Summary statement of the G20 Finance Ministers Meeting: The global economy continues to face multiple challenges, including conflicts in multiple regions.

U.S. Senator Durbin: I am confident that the Senate will pass the temporary appropriations bill and may vote tonight.

Bank of Japan Governor Kazuo Ueda: It is becoming the basic view that the global economy, especially the United States, will achieve a soft landing, which is broadly in line with our January forecast.

Bank of Japan Governor Kazuo Ueda: If spring wage negotiations achieve substantial results, Japanese consumption is expected to recover.

Bank of Japan Governor Ueda Kazuo: Large companies seem to be more keen on raising wages; they hope to pay attention to the collective results of wage negotiations and the hearings we conduct on companies.

Bank of Japan Governor Kazuo Ueda: Companies are also more active in raising wages.

Bank of Japan Governor Kazuo Ueda: Workers’ wage demands have exceeded last year’s level.

Bank of Japan Governor Kazuo Ueda: The outcome of this year’s annual wage negotiations is key when judging whether the sustained achievement of the 2% inflation target can be foreseen.

Bank of Japan Governor Kazuo Ueda: Japanese companies have strong capital expenditure plans and these plans may eventually be implemented.

New Zealand Fed Vice Chairman Hawkesby: There is no plan to cut interest rates at the moment, but a rate cut will be made at some point in the future.

Hawkesby, deputy chairman of the Reserve Bank of New Zealand: On the issue of inflation, we are on the right path and must stick to our policy.

Hawkesby, Vice Chairman of the Reserve Bank of New Zealand: We don’t have much room for maneuver given the future inflationary shocks.

Hawkesby, Vice Chairman of the Reserve Bank of New Zealand: We believe that the current output gap is approximately zero, or slightly negative.

Bank of Japan Governor Kazuo Ueda: It is currently impossible to see whether the inflation target has been achieved.

Hawkesby, deputy chairman of the Reserve Bank of New Zealand: Even if the output gap is negative, policy still needs to remain tight.

New Zealand Fed Vice Chairman Hawkesby: Policy will remain tight for some time to come.

Hawkesby, Vice Chairman of the Reserve Bank of New Zealand: Restrictive policies are needed to ensure that inflation expectations remain stable at 2%.

Brazilian Finance Minister Haddad: The decline in global inflation is real and consistent.

Bank of Japan Governor Kazuo Ueda: Japan’s economy will continue to recover gradually.