TOKYO -- Bank of Japan Gov. Toshihiko Fukui said the nation's economy will continue to expand but that growth will keep slowing due to weak housing investment.
Mr. Fukui's remarks Friday before a lower-house panel in Parliament strengthen the view that Japan's central bank is unlikely to raise interest rates early this year -- something once considered a strong possibility.
Some analysts even suggest that the central bank's next move may be to cut rates, although the current 0.5% level leaves little margin for easing monetary policy. Mr. Fukui's comments came a day after ...
