Fukui says BOJ in critical period on policy

Bank of Japan Governor Toshihiko Fukui said on Wednesday 12 October that the BOJ was entering a critical phase for deciding an end to its ultra-loose monetary policy.

Fukui reiterated that chances of scrapping the BOJ's four-year old "quantitative easing" policy, in which it floods the banking system with excess funds, would rise over the course of the fiscal year starting next April.

"Changing the framework should not be too early or too late," Fukui told a news conference. "We are entering a

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