Fukui sees return to growth for Japan soon

- Central Banking staff
- 31 Mar 2005

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Bank of Japan governor Toshihiko Fukui told parliament that the nation's economy should return to sustained growth soon.

``The economy should pull out of stagnation soon,'' Fukui said at Japan's parliament in Tokyo.

A close watch needs to be kept on oil price gains and efforts by information technology companies to reduce inventory, because these may hurt expansion, Fukui said.

Fukui said the central bank will stick to its policy of pumping cash into the economy and holding interest rates at

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