Fukui says zero rate policy depends on economy

Bank of Japan governor Toshihiko Fukui said in parliamentary testimony on Tuesday 30 May that ending the central bank's zero interest rate policy depends on economic growth and inflation.

The BoJ chief also told the financial affairs committee of the upper house of parliament that the bank has no precise short-term numerical target for reducing the balance of current accounts held by commercial banks at the BOJ to a minimum required level.

"Recovery in corporate profits is fine, but the economy

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: