BOJ’s Kuroda: Impact of COVID-19 on Japan's economy to persist for prolonged period

Further comments are flowing in from the Bank of Japan (BOJ) Haruhiko Kuroda, as he continues to speak on the economic and monetary policy outlooks.

Key quotes

Global economy showing signs of hitting bottom, Japan's economy showing similar signs.

Impact of COVID-19 on Japan's economy to persist for prolonged period.

Japan's economy to experience clear, positive growth in fiscal 2021.

Risks to Japan's economy, prices skew to downside.

BOJ will take additional easing steps without hesitation if needed.

YCC exerting intended effect on economy.