Market participants have started to prod the Japanese central bank to take action, as the country's economy, the third largest in the world, is certain to suffer serious setbacks in the wake of an outbreak of the new coronavirus.But the Bank of Japan, which has failed to bolster the economy and achieve its goal of 2 percent inflation despite its years-long drastic monetary easing, is likely to struggle to map out effective steps to grapple with the adverse effects of the virus spread.With fears escalating about a global pandemic of the virus, financial markets are reeling. On Monday, the be…READ FULL ARTICLE
