BOJ's Fukui says economy on track

The governor of the Bank of Japan, Toshihiko Fukui, said Thursday 8 September that the economy is moving towards achieving sustained economic growth.

However, Fukui again said the bank will maintain its quantitative super-loose monetary policy until Japan wins its seven-year-old fight against deflation. "I understand that the economy here is now seeing a well-balanced recovery," Fukui told a news conference, "and that it is moving to attain long-lasting growth, albeit at a moderate pace." With

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