Fukui: A tale of two cities for a central banker

- Central Banking staff
- 07 Jan 2005

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In the speech 'A tale of two cities in the eyes of a central banker' given on 6 January, Toshihiko Fukui of the Bank of Japan said the BOJ has a "very firm" commitment to the market and to the general public to maintain the policy of expanding Japan's money supply until the core inflation index comes up above zero percent in a stable manner.

The bank's goal is ``to end deflation entirely,'' Fukui said. ``We are still uncertain when we can expect positive consumer price index readings on a

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