I. Opinions on Economic and Financial Developments: Economic Developments: • Japan's economy has picked up as a trend, although it has remained in a severe situation due to the impact of the novel coronavirus (COVID-19) at home and abroad. • Although Japan's economy is expected to be pushed down for the time being by the impact of COVID-19 and supply-side constraints, it is likely to recover moderately along with the materialization of pent-up demand. • The baseline scenario that Japan's economy will recover is expected to be maintained. This is because, although downward pressure on production and exports stemming ... (full story)