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 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.
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.
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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.
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Our top priority is to help bring about sustained economic growth, and moving out of deflation is only half way there.
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I think market participants' common view is that economic fundamentals in Japan are firm. I hope they will react calmly.
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Japan's economic situation is at an important stage. Price judgment is needed about the future course, but I have no determined idea,
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I certainly welcome discussions on how central banks can best contribute to sustained economic growth and sound development of the global economy.
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A low rate of inflation itself now poses a new challenge of achieving and promoting sustained economic growth in the global economy.
economic financial respond
All we can say is that we will respond appropriately to economic and financial conditions.
two growth economic
The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth.
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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.
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We firmly cannot agree to adhere to calls to continue with an abnormal policy forever,
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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.
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The world economy is running smoothly at the moment but there is a need to see what kind of risk factors there are,