BOJ’s Kuroda: Economy remains in a severe situation but showing some signs of life

The Japanese economy remains in a severe situation but starting to pick up, the Bank of Japan (BOJ) Governor Haruhiko Kuroda said in a statement on Thursday.  

Additional quotes

“Will watch the impact of COVID-19 and take additional easing steps if needed without hesitation.”

“Japan consumer prices likely to fall for the time being.”

“Consumer prices likely to turn positive thereafter, gradually accelerate pace of increase as economy improves.”

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