Bank of Japan Governor Corona Impact "Economic activity is gradually resuming and picking up" October 8, 11:28
The Bank of Japan held a meeting of branch managers nationwide on the 8th, and Governor Kuroda said that the current state of the Japanese economy affected by the new coronavirus is "recovering", and hesitantly added monetary easing if necessary. I emphasized the attitude of taking steps.
At an online meeting, Governor Kuroda said that the current state of the Japanese economy remains tough due to the effects of the new coronavirus, but "it is picking up as economic activity gradually resumes." It was.
Regarding the outlook, he said that in addition to the appearance of demand that had been suppressed so far, the government's economic measures will also support the trend of improvement.
However, Governor Kuroda said, "The pace of improvement is expected to remain moderate," and "the degree of easing has declined in terms of corporate finance, such as the tight cash flow of companies." I pointed out.
For this reason, Governor Kuroda emphasized that he will continue to provide 130 trillion yen in cash flow support measures for companies affected by the new coronavirus, and will hesitate to take additional monetary easing if necessary.