Toshihiko Fukui
Toshihiko Fukui
Toshihiko Fukui is a Japanese economist and central banker. He was the 29th Governor of the Bank of Japanand a Director of the Bank for International Settlements...
NationalityJapanese
ProfessionPublic Servant
Date of Birth7 September 1935
CountryJapan
above bank cannot consumer core decided determined meeting prices shift
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.
aware hope investors react
Investors are aware that the economy's fundamentals are firm. We hope they react calmly.
adjustment extremely interest low rates stay zero
Interest rates will stay at zero for some time, then stay extremely low and go through an adjustment period.
according adjusted economic extremely interest levels low move rates stay zero
Interest rates will stay at zero for a while, then move to extremely low levels before being adjusted according to economic conditions.
changing cycles expect globally gradually great impact interest rate
Interest rate cycles globally are gradually changing but we expect no great impact upon the global economy.
demand higher increase oil outlook steadily
If there is a higher predictability, oil suppliers can have a better outlook for demand and can steadily increase investment,
attitude becoming far good gradually lending news previous seems
Good news is that banks' lending attitude seems to be gradually becoming far more accommodative than in the previous recoveries.
above confirm consumer prices taking zero
We will confirm that consumer prices will stabilize at zero or above before taking action.
easing ended interest left rates reason short zero
There is no reason to think now that interest rates will be left at zero for a just a short while after quantitative easing has ended and no reason that they will be zero for a long period,
early easing ended rate zero
We've just ended quantitative easing so it is too early to say when to end the zero (interest) rate policy.
ask current economic economy questions reach sufficient sustained whether
Thus, the questions we should ask here are what makes the current economic upswing different from the past two recoveries, and whether such differences are sufficient for the economy to reach the sustained growth path.
analysis asset based experience half influence institute present price second since staff structural sustained
The staff at the Institute will present an analysis on how asset price fluctuations and subsequent structural adjustments influence sustained economic growth, based on Japan's experience since the second half of the 1980s.
asian current east growing japanese recovery taking
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.
derives emphasize incomplete protracted relative stagnation viewpoint
They emphasize the viewpoint that the protracted economic stagnation in Japan derives from incomplete economic adjustments to significant changes in relative prices.