TOKYO: Bank of Japan Governor Toshihiko Fukui reiterated the central bank's commitment to its current policy framework yesterday, saying it would maintain quantitative easing until deflation subsided.
“We will persist with our easy monetary stance under current conditions in which year-on-year changes in consumer prices are slightly negative,” Fukui told a parliamentary committee, where he was submitting the central bank's semi-annual report.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!