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
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.
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.
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.
change consumer increase percent prices projected rate slight towards zero
The year-on-year rate of change in consumer prices is projected to be zero percent or to show a slight increase towards the end of this year,
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.
effects empirical exchange prices rate recent run short small
Recent empirical studies, however, show such short run effects become small because the exchange rate pass-through to import prices declines.
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.
achieving challenge economic global growth inflation itself low poses promoting rate sustained
A low rate of inflation itself now poses a new challenge of achieving and promoting sustained economic growth in the global economy.
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.