They emphasize the viewpoint that the protracted economic stagnation in Japan derives from incomplete economic adjustments to significant changes in relative prices.
More Quotes from Toshihiko Fukui:
The increased global linkages promote economic growth in the world through two key mechanisms: the division of labor and the international spillovers of knowledge.Toshihiko Fukui
Good news is that banks' lending attitude seems to be gradually becoming far more accommodative than in the previous recoveries.
Toshihiko Fukui
Interest rates will stay at zero for some time, then stay extremely low and go through an adjustment period.
Toshihiko Fukui
It was determined at today's meeting that we cannot say that core consumer prices have stabilized above zero. The bank has not decided when to shift its policy.
Toshihiko Fukui
A low rate of inflation itself now poses a new challenge of achieving and promoting sustained economic growth in the global economy.
Toshihiko Fukui
Our top priority is to help bring about sustained economic growth, and moving out of deflation is only half way there.
Toshihiko Fukui
Readers Who Like This Quotation Also Like:
Based on Keywords: adjustments, incomplete, protracted, stagnationDreams are real as long as they last. Can we say more of life?
Henry Ellis
I can't prove it, but I can say it.
Stephen Colbert
All you'd have to do is get a sad look, and he'd try to do something for you.
Margaret OBrien