boj minutes, 2021-01-21
Meanwhile, a different member said that, depending on the consequences of COVID-19, measures such as an extension of the state of emergency, an expansion in areas where it would be declared, and a tightening of public health measures could be taken and, together with a deterioration in households' and firms' sentiment, there was a risk that stagnant economic activity and prices could become severe and be prolonged, particularly in face-to-face services.
Sentiment: neutral
Topic: mp_economic_activity