Fukui on prospects for future of Japan's economy

In the speech 'Prospects for the Future of Japan's Economy' given on 23 July Toshihiko Fukui of the Bank of Japan said for Japan's economy to resolve the problems it faces and move forward, firms and individuals must become active in seeking new value-added by taking on risks. The more difficult the problems facing Japan's economy, the more aggressively the Bank of Japan should pursue new policy options without being held hostage by precedent. Quantitative easing is a policy option that no other

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