BOJ’s Nakamura: Economy to remain under downward pressure from pandemic for now

The Bank of Japan (BOJ) board member Toyoaki Nakamura is back on the wires now, via Reuters, making additional comments on the economic outlook amidst escalating COVID-19 concerns.

Key quotes

Rise in covid infection cases outpacing what we expected in July.

The economy likely to remain under downward pressure from pandemic for time being.

more to come ...