boj minutes, 2021-01-21
With regard to the financial system, one member expressed the recognition that, due to an expansion and prolongation of the impact of COVID-19, the number of bankruptcies of firms and discontinuation of businesses could increase, and in that case, there was a risk that a vicious cycle between financial and economic activity, which had been averted thus far, would emerge through an increase in credit costs.
Sentiment: neutral
Topic: financial_stability