The Bank of Japan's Governor Kuroda said at a nationwide branch managers' meeting held on the 14th that he would "follow an improvement trend" in the future of the Japanese economy, but also pointed out that "the pace is expected to remain moderate." He reiterated his willingness to undertake additional monetary easing, if necessary.

At the Bank of Japan's branch managers' meeting held online, Kuroda said, "The domestic economy remains in a difficult state due to the effects of the new coronavirus, but it is picking up. Regarding the outlook, the accommodative financial environment and the government It is expected that the trend of improvement will be followed, supported by the effects of the economic measures of the Bank of Japan. "



On the other hand, he also pointed out that the area covered by the state of emergency has been expanded to 11 prefectures, and that "the pace of improvement is expected to remain moderate as the sense of caution against infectious diseases continues." After paying close attention to the impact of the new coronavirus on the economy, he reiterated his willingness to take additional monetary easing if necessary.