Fukui says BOJ wants 'favourable money supply'

Bank of Japan Governor Toshihiko Fukui told Parliament Wednesday 17 March that the central bank wants to achieve "favourable money supply" growth and that the economy hasn't recovered enough to allow the BOJ to adopt an explicit inflation target.

``We are attempting to make our monetary policy effective, and we would like to eventually achieve a favourable expansion of money supply,'' Fukui said at the budget committee of the upper house of parliament in Tokyo. Still, ``it will take a while''

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: