Fukui: deeper US slowdown could hurt global growth

TOKYO, Feb 22 (Reuters) - Bank of Japan Governor Toshihiko Fukui said on Friday the global economy continues to expand but a U.S. economic slowdown, if it deepens, could affect growth in other parts of the world.

"We need to bear in mind the possibility that further disruptions in global financial markets or a slowdown in the U.S. economy may have adverse implications not only for major economies but also for emerging economies," Fukui told a seminar.

He said there was no change to the BOJ's basic monetary policy stance, which is to adjust rates by closely examining upside and downside risks to the economy.

Market adjustments amid repricing of risks would take time, making it unavoidable for banks to incur losses, Fukui said. (Reporting by Leika Kihara, Tetsushi Kajimoto)