Fukui on the current state of the Japanese economy

In a speech given on 1 October, Toshihiko Fukui of the Bank of Japan said that although it is unprecedented for the central bank to purchase asset-backed securities in that it directly accepts the credit risk pertaining to private-sector debt, the bank decided on this measure so that the effects of monetary easing would permeate through the economy.

To read past central bank speeches use our Speech Finder. Click the link on the right.

Summary of a speech by Toshihiko Fukui, Governor of the Bank of

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