Exclusive: BOJ to project economic contraction as pandemic damage deepens - sources
Share:
TOKYO (Reuters) - The Bank of Japan is likely to make a rare projection this month that the world's third-largest economy will shrink this year, as the coronavirus pandemic threatens to push the country deep into recession, sources familiar with its thinking said.It would be the first time the BOJ has forecast a full-year contraction since 2014, when a domestic sales tax hike triggered an economic slump.But the BOJ, in forecasts couched with unusually high levels of uncertainty, will cling to..