Fukui chief vows to fight deflation

Toshihiko Fukui, governor of the Bank of Japan, said on Tuesday 28 October that he sees no immediate end to Japan's deflation problem, but he pledged to continue the struggle with high levels of liquidity. "Just because we have a budding economic recovery, it does not mean that the deflationary trend is disappearing immediately," he told a business luncheon.

Source: AFP

Bank of Japan governor Toshihiko Fukui says he sees no immediate end to the nation's stubborn deflation, vowing to continue to

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