Announcement of the BOJ's monetary policy decision meeting Severe view of the current economic situation June 24, 9:48
On the 24th, the Bank of Japan announced the main opinions of the monetary policy meeting held on the 15th and 16th of this month.
At this meeting, the Bank of Japan maintained the large-scale monetary easing measures that had been strengthened since March, when the impact of the new coronavirus became serious, and provided loans to banks and others with a cash-flow support of 110 trillion yen. I decided to encourage it.
At the meeting, many of the attending members expressed the view that the current economic situation was extremely severe, but one member said that "the bottom is also a situation that seems to be bottoming out." ..
On the other hand, another member said, “The economic recovery is likely to be slow because the utilization rate of conventional services may decline under the new lifestyle.” He pointed out that the economic recovery will ease.