It's necessary to make the judgment calmly and objectively without any preconceived notions about whether the consumer price index excluding fresh food prices has stabilized at zero or above.
More Quotes from Toshihiko Fukui:
Interest rates will stay at zero for a while, then move to extremely low levels before being adjusted according to economic conditions.Toshihiko Fukui
Interest rates will stay at zero for some time, then stay extremely low and go through an adjustment period.
Toshihiko Fukui
With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing.
Toshihiko Fukui
The direct investment of Japanese businesses to East Asian economies accelerates the reallocation of their production bases. Consequently, between Japan and the other East Asian countries, both exports and imports are growing substantially.
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
Our intention is not to move to credit tightening now.
Toshihiko Fukui
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