BOJ chief Fukui denies political pressure in rate decision

BOJ chief Fukui denies political pressure in rate decision

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui denies at a press conference after a two-day meeting of the central bank's decision-making Policy Board on Jan. 18 that the bank had given in to political pressure in postponing a hike in its key short-term interest rate. ''Our decision this time is solely based on our careful examination of economic and price conditions. We never discussed factors other than those conditions,'' he said.

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