Bank of Japan
TOKYO: Bank of Japan (BoJ) policymakers debated the risk of the country sliding back into deflation but stopped short of advocating stronger steps to prevent firms from going insolvent due to the coronavirus pandemic, accoridng to minutes of their June meeting.
With the impact of Covid-19 likely to last for a prolonged period, more companies could face the risk of insolvency even if they received immediate liquidity support, some on the BoJ’s nine-member board were quoted as saying.
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