BoJ Governor Haruhiko Kuroda reiterated that the Japanese economy remains in severe condition even though it’s picking up. “While uncertainty is very high, our baseline scenario is for Japan’s economy to improve as a trend as the impact of the pandemic subsides, he said.
“Risks are to the downside on the economy, inflation,” he added. BoJ “won’t hesitate to take additional easing steps with an eye on pandemic’s impact on the economy.”
