BoJ willing to take risks to fight deflation
Giving a lecture in Tokyo on Wednesday Bank of Japan governor Toshihiko Fukui signalled a willingness to fight Japan's economic slump made worse by deflation. Fukui said the BoJ "is willing to take unlimited risks until prices turn positive".
Source: Associated Press
Monetary policymakers would consider taking "unlimited risks'' to reverse deflation - the downward trend in prices that has hobbled the world's second largest economy, Japan's central bank chief said Wednesday.
"The BOJ (Bank of Ja
More on Monetary Policy
Latest issue
Back to Top