Fukui: Zero rate policy can't last 'indefinitely'

Bank of Japan governor, Toshihiko Fukui, said on Friday 10 March that the central bank won't keep borrowing costs at zero forever.

``Having interest rates at zero is a very accommodative level given the state of the economy and prices,'' said Fukui, who was speaking in parliament in Tokyo. ``The zero rate policy cannot last indefinitely,'' he added, describing it as an ``extraordinary'' step.

The central bank ``wants to keep conditions accommodative for some time,'' Fukui said, repeating its p