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
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,
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.
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.
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.
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.
corporate demand domestic economy experience external household likely period sustained
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.
almost economy emerged judgment shows
Our judgment now shows the economy has almost broadly emerged from a stalled stage,
began continuing economy finally japanese last lull summer year
The Japanese economy has finally crawled out of a lull which began in the summer of last year and is continuing to recover,
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.
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,