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Bank of Japan to project economic contraction as pandemic damage deepens: sources

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The Bank of Japan is likely to make a rare projection this month that the world's third-largest economy will shrink this year, as the coronavirus pandemic threatens to push the country deep into recession, sources familiar with its thinking said.

[TOKYO] The Bank of Japan is likely to make a rare projection this month that the world's third-largest economy will shrink this year, as the coronavirus pandemic threatens to push the country deep into recession, sources familiar with its thinking said.

It would be the first time the BOJ...

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