Pandemic stirs BOJ debate of Great Depression-like downturn

TOKYO (Reuters) - Some Japanese central bankers called for even bolder steps than those announced at last month's policy decision, a summary of bank views showed on Monday, to prevent the coronavirus triggering an economic slump as bad as the Great Depression.With the pandemic seen tipping Japan into deep recession, some Bank of Japan board members called for steps beyond what was decided at the April rate review, such as stronger co-ordination with the government and a review of existing bank..