BOJ may extend pandemic-aid schemes to support fragile recovery By Reuters – Investing.com

BOJ may extend pandemic-aid schemes to support fragile recovery By Reuters – Investing.com

By Leika Kihara

TOKYO (Reuters) - The Bank of Japan is set to keep its money spigots wide open and may extend its pandemic-relief programmes next week to support a fragile economic recovery, reinforcing expectations it will lag major counterparts in dialing back crisis-mode policies.

While extended state of emergency curbs to combat the coronavirus are weighing on consumption, BOJ policymakers have become cautiously optimistic on the outlook as exports remain solid, sources familiar with its thinking say.