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
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.
consumer food fresh judgment necessary notions price prices whether zero
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.
abnormal adhere agree calls cannot continue firmly policy
We firmly cannot agree to adhere to calls to continue with an abnormal policy forever,
cannot current durable economy growth push recovery strong sure sustained
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.
above based consumer economic food fresh month overall percent price recovering since third zero
Based on a recovering overall economic climate, the consumer price index, excluding fresh food prices, was at or above zero percent for the third consecutive month since October.
economy factors moment risk running smoothly
The world economy is running smoothly at the moment but there is a need to see what kind of risk factors there are,
changing economy exchange goods home influence movements prices rate relative run short
As for the short run effects, exchange rate movements influence the economy through changing relative prices between goods at home and abroad.
charges effects electricity expected likely negative prices reduction rice telephone
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.
change global monetary people possible price
People think the withdrawal of monetary accommodation is about to get under way. People can price it in before any possible change (in monetary policy) on a global basis,
achieve balanced economy interest judge low pressures rates restrained
If we judge that inflationary pressures are restrained and the economy can achieve balanced growth, we can keep interest rates at very low levels.
certainty delayed turned
If we delayed the move, we would have turned certainty into uncertainty.
efficient exchange movements rate resource role
On the contrary, exchange rate movements still play an important role in facilitating more efficient resource allocations in the long run.
nature recovery revised
Second-quarter GDP was revised upwards, representing the well-balanced nature of the recovery in Japan's economy,
achieving asset efficient growth price promoting resource sustained
Asset price fluctuations have important implications for promoting more efficient resource allocations and achieving sustained growth in the long run.