BOJ's Kuroda warns of economic uncertainty amid pandemic curbs

© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Thursday warned of lingering uncertainty over the country’s economic outlook, as the services sector remains under state-of-emergency curbs to combat the COVID-19 pandemic.

“Economic activity will remain below pre-pandemic levels for the time being,” Kuroda said in a semi-annual testimony to parliament. “Risks to the economic outlook are skewed to the downside,” he added.

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