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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: regli who wrote (46203)	2/9/2006 11:31:42 PM
From: mishedlo	Read Replies (3) \| Respond to of 116555

BoJ´s Fukui "can´t say" if monetary policy shift possible at March meeting Thursday, February 9, 2006 7:56:46 AM afxpress.com BoJ's Fukui "can't say" if monetary policy shift possible at March meeting TOKYO (AFX) - Bank of Japan governor Toshihiko Fukui said although core consumer prices were showing signs of a pickup he could not indicate if the central bank might be poised to change its ultra-loose monetary policy from as soon as its next meeting in March. "Although we expect the core CPI to show a larger (annualised) rise in January (than in the previous two months), we can't say if a policy shift at the next meeting (in March) is in sight," he told a briefing of journalists He added that even though core prices were now showing signs of a turnaround after years of deflation: "I still can't say that core CPI is rising stably as of today."