Kuroda: Japan’s economy to rebound as vaccinations pick up
Bank of Japan (BoJ) Governor Haruhiko Kuroda (pictured) said on Friday that he expects the national economy to rebound more strongly as the coronavirus vaccination rate improves.
Speaking at a press conference following the BoJ’s latest monetary policy decisions and economic projections, he noted that the economic activity is currently at a low level due to the coronavirus-caused restrictions.
On the subject of inflation, Kuroda noted that it will remain at around 0% for now, but added that it is expected to rise gradually.
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