However close attention will have to be paid to rising crude oil prices and their impact on the domestic and overseas economies.
More Quotes from Toshihiko Fukui:
On the contrary, exchange rate movements still play an important role in facilitating more efficient resource allocations in the long run.Toshihiko Fukui
In this context, the current recovery in the Japanese economy is taking place in tandem with the growing interdependence with the rest of the world, particularly with the other East Asian economies.
Toshihiko Fukui
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.
Toshihiko Fukui
The aging and declining population will have far-reaching impacts. Declining fertility rates will possibly increase immigration. The structure of family and society will inevitably change.
Toshihiko Fukui
As the new endogenous growth theory suggests, TFP growth is closely related to accumulation of the intangible capitals, such as human capital and research and development.
Toshihiko Fukui
We will confirm that consumer prices will stabilize at zero or above before taking action.
Toshihiko Fukui
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