BOJ's Nakamura says economy in a severe state but picking up as a trend

Bank of Japan - Nakamura is a member of the monetary policy board.

Sticking to the script of persistent optimism ....

Headlines via Reuters:

• Japan's economy remains in severe state but picking up as a trend
• Japan's economy likely to recover as pandemic impact begins to ease
• Japan's exports likely to increase steadily on robust global demand, recovery in capex
• Japan consumer inflation likely to gradually accelerate as economy recovers
• uncertainty over Japan's economic, price outlook is high
• must be vigilant to downside risks on Japan's economic outlook
• Japan likely to see pent-up demand boost consumption, though timing of it appearing likely being somewhat delayed
• BOJ will start offering funds under climate change scheme by end of this year