BOJ official warns of coronavirus impact on Japan's economy
Share:
TOKYO (Reuters) - The Bank of Japan expects the country's economy to continue expanding moderately but it must keep an eye out on how the coronavirus outbreak could affect production and inbound tourism, a senior central bank official said on Friday.The economy may have contracted sharply in October-December due to slowing overseas demand, the hit to consumption from last year's sales tax hike and a string of natural disasters, BOJ Executive Director Eiji Maeda told parliament."Japan's economy..