Questions Governor Fukui still needs to answer

The Bank of Japan's recent move to end its policy of zero interest rates has been overshadowed by questions over investments made by the central bank's governor, Toshihiko Fukui. With monetary policy required to strike a delicate balance between restraining expectations and encouraging recovery, speculation over the governor's future and his relationship with the government threatens to undermine the Bank of Japan's credibility at a time when it is needed most.

Rates rise at last

Japan's first

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