Fukui repeats deflation pledge

Toshihiko Fukui told Japan's parliament on Tuesday 23 March that the BoJ would continue with its ultra-loose monetary policy until deflation disappears completely in Japan.

In prepared testimony to a parliamentary committee, Fukui said the Bank of Japan would not change its policy until the core consumer price index shows at least low inflation for a sustained period and is unlikely to fall back.

"As we have said earlier, even if such conditions are met, we may see it as appropriate to

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: