Japan's Fukui on New Path of Growth

On 11 November Toshihiko Fukui, governor of the Bank of Japan, gave a speech entitled "Toward a New Path of Growth for the Japanese Economy" based on the Bank's October Outlook Report at the Kisaragi-kai meeting in Tokyo.

"The economy is on the threshold of a new path of growth, after an adjustment process lasting over ten years since the bursting of the economic bubble. The Bank will continue to conduct monetary policy appropriately and support this growth from the financial side", Fukui said

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