Fukui adamant monetary policy shift to be based on CPI moves

Fukui adamant monetary policy shift to be based on CPI moves

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui is about take his seat at a quarterly meeting of BOJ branch managers on Jan. 13. Fukui reiterated that the central bank will maintain the ultra-loose monetary policy until consumer prices post solid year-on-year growth, signaling that the bank will seek a policy change based on the movement of the consumer price index despite opposition from the government. (Kyodo)

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