BoJ holds fire, offers brighter view of economy as pandemic impact eases

BoJ holds fire, offers brighter view of economy as pandemic impact eases

The Bank of Japan kept monetary policy steady on Thursday and offered a slightly more upbeat view of the economy than in July, suggesting that no immediate expansion of stimulus was needed to combat the coronavirus pandemic. But the central bank warned of various risks to the outlook and repeated its readiness to ramp up monetary support "without hesitation" should the pandemic's woes derail Japan's recovery.

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