Fukui says policy may not change with positive CPI

Bank of Japan governor Toshihiko Fukui said Thursday the central bank would not necessarily abandon its ultra-easy credit policy once the core consumer price index stops falling.

"Even if the (core) CPI rises above zero, that does not mean the BoJ will abandon its quantitative easing policy. We will stick to the three conditions," the central bank chief told a news conference.

The BoJ said Thursday it now does not expect the economy to emerge from deflation until the year to March 2007, a year