"Japan's experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have emphasized in recent years"

Toshihiko Fukui's quote emphasizes the importance of examining the sustainability of price stability over a long period of time. This is something that numerous reserve banks have actually been stressing recently. Japan's experience is a good example of why this is necessary. Japan has actually had a period of price stability for a very long time, and this has actually assisted to maintain financial stability and development. Nevertheless, if the cost stability is not sustainable, then it can result in financial instability and even recession. Therefore, it is necessary for central banks to evaluate the sustainability of rate stability over an extended period of time in order to make sure economic stability and growth.