
TOKYO -- A resurgence of coronavirus infections in Europe and the United States has dampened the Bank of Japan's outlook for the economy, despite a rebound in business activity in recent months.
"The economy remains shrouded in a high degree of uncertainty and has significant downside risks," warned Haruhiko Kuroda, governor of the central bank, in a press conference on Thursday after a two-day policy meeting during which the central bank decided to maintain its ultra-easy monetary policy.