Japan's economy will remain in a severe state due to the fallout from the coronavirus pandemic, Bank of Japan Governor Haruhiko Kuroda said, maintaining his gloomy outlook even as the government lifted its state-of-emergency declaration nationwide.
FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda takes questions from reporters at the annual meetings of the International Monetary Fund and World Bank in Washington, U.S., October 18, 2019. REUTERS/James Lawler Duggan/File Photo
TOKYO - Japan’s economy will remain in a severe state due to the fallout from the coronavirus pandemic, Bank of Japan Governor Haruhiko Kuroda said, maintaining his gloomy outlook even as the government lifted its state-of-emergency declaration nationwide. “The BOJ is ready to ease without hesitation if needed, with an eye out on the impact from the pandemic,” Kuroda said in a semi-annual parliamentary testimony on monetary policy on Tuesday.
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