Interest rates will stay at zero for a while, then move to extremely low levels before being adjusted according to economic conditions.
More Quotes from Toshihiko Fukui:
We cannot say for sure that the current recovery will be durable and strong enough to push the economy back to a sustained growth path.Toshihiko Fukui
However close attention will have to be paid to rising crude oil prices and their impact on the domestic and overseas economies.
Toshihiko Fukui
Good news is that banks' lending attitude seems to be gradually becoming far more accommodative than in the previous recoveries.
Toshihiko Fukui
I certainly welcome discussions on how central banks can best contribute to sustained economic growth and sound development of the global economy.
Toshihiko Fukui
If there is a higher predictability, oil suppliers can have a better outlook for demand and can steadily increase investment,
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
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