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BOJ’s Kuroda sticks to gloomy economic view even as Japan ends lockdown

May 26, 2020

TOKYO (Reuters) – 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.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)



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BOJ’s Kuroda sticks to gloomy economic view even as Japan ends lockdown BOJ’s Kuroda sticks to gloomy economic view even as Japan ends lockdown Reviewed by Riyad on May 25, 2020 Rating: 5

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