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BOJ's Fukui: Big market moves could affect economy

Thu Nov 1, 2007 9:16pm EDT
 
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TOKYO, Nov 2 (Reuters) - Bank of Japan Governor Toshihiko Fukui said on Friday the central bank needs to keep in mind the risk of unexpectedly big market moves, such as those of long-term interest rates, affecting Japan's economy.

"We have in our mind the view that there could be unexpectedly large swings in financial markets," Fukui told a lower house financial committee.

"That risk has not materialised yet, but we think that is a fairly big risk," he said.

 

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