Monday, April 16, 2007

UPDATE 1-BOJ's Fukui says need close watch on risk factors

(Reuters) - "The BOJ will continue to contribute to sustainable growth with price stability by guiding monetary policy appropriately while closely examining economic and price conditions," Fukui said in a speech delivered at a meeting of trust bank executives.

The text of Fukui's speech, read by Deputy BOJ Governor Toshiro Muto, did not repeat the BOJ's recent standard line that the central bank will adjust interest rates gradually, instead saying only that it will "guide monetary policy" appropriately.


Read more at Reuters.com Economic News

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