BoJ to take time on ending ultra-loose policy

Bank of Japan Governor Toshihiko Fukui said on Tuesday 2 November that the central bank will take its time in determining the time to abandon the current ultra-loose monetary policy.

Fukui made the remark during a session of the House of Councillors Committee on Financial Affairs, in response to questions about the BOJ's quantitative credit easing policy.

Fukui said that while expecting deflationary pressures to linger even if the economy attains a sustainable recovery, the nationwide CPI may s

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