A slowdown in consumer and business spending held Japan back at the end of last year, with the economy contracting for the second straight quarter.
Tag: Yen (Currency)
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Bank of Japan Takes Another Step Away From Easy Money
The Bank of Japan said it would be more flexible in how it manages government bond yields, citing rising inflation.
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Roaring Back From Pandemic, Japan’s Economy Grows by 6 Percent
The rapid expansion came as exports have risen and tourists have flooded the country.
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Bank of Japan Edges Toward Letting Rates Rise
Bank of Japan takes a step toward allowing interest rates to rise, saying it will be more flexible in managing its bond market.
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Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
The world has relied on ultralow interest rates in Japan. What will happen if they rise?