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
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 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.
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,
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,
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.
common economic hope japan market react view
I think market participants' common view is that economic fundamentals in Japan are firm. I hope they will react calmly.
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,
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.
above confirm consumer prices taking zero
We will confirm that consumer prices will stabilize at zero or above before taking action.