BOJ Kuroda says Japan's economy is picking up, as a trend

Author: Eamonn Sheridan | Category: Central Banks

Bank of Japan Governor Kuroda is speaking for the Diet this morning

I am sure there will be plenty ...  more to come ... and here we go:  
  • economy still in a severe state but picking up as a trend
  • economy is likely to improve as the impact of the pandemic subsides, pace of improvement is likely to stay moderate
  • economic and price outlook is skewed to the downside
  • won't hesitate to add easing if needed 

Kuroda is presenting the Bank's Semiannual Report on Currency and Monetary Control (Committee on Financial Affairs, House of Representatives) 
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