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Summary of Opinions at the Monetary Policy Meeting on September 16 and 17, 2020

From boj.or.jp

Japan's economy has started to pick up with economic activity resuming gradually, although it has remained in a severe situation due to the impact of the novel coronavirus (COVID-19) at home and abroad. • Japan's economy is likely to follow an improving trend, but the pace is expected to be only moderate while the impact of COVID-19 remains worldwide. Thereafter, as the impact subsides, the economy is projected to keep improving further with overseas economies returning to a steady growth path. • Domestic and overseas economies have started to pick up from the bottom hit in the April-June quarter. That said, economic ... (full story)

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