BOJ’s Masai: Japan's economy remains in severe state but picking up

Japan's economy remains in a severe state but the economic recovery has started to pick up, the Bank of Japan (BOJ) board member Takako Masai said in a scheduled speech on Monday.

Additional comments

“Japan's economy likely to improve as a trend, though personally am more cautious on outlook.”

“Japan's exports, output levels were falling even before expansion of COVID-19.”

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