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.
More Quotes from Toshihiko Fukui:
Japan's economy is likely to experience a sustained period of expansion, with domestic and external demand and also the corporate and household sectors well in balance.Toshihiko Fukui
This is because the negative contribution from (weak) rice prices is likely to dissipate and the effects of a reduction in electricity and telephone charges are also expected to ease.
Toshihiko Fukui
The time by which core prices will achieve stable gains is getting pretty close, ... That means interest rates will eventually head toward positive territory.
Toshihiko Fukui
Second-quarter GDP was revised upwards, representing the well-balanced nature of the recovery in Japan's economy,
Toshihiko Fukui
I think market participants' common view is that economic fundamentals in Japan are firm. I hope they will react calmly.
Toshihiko Fukui
Japan's economic situation is at an important stage. Price judgment is needed about the future course, but I have no determined idea,
Toshihiko Fukui
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