Japan's Q1 GDP Contracts by 1.8%, Prompting Leak of Government's Economic Blueprint
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#6f1fa2fe ver:0.4

Japan's Q1 GDP contracts by 1.8%, worse than expected, prompting leak of government's economic blueprint. Weak consumer spending, falling capital spending, and net exports contribute to the decline. Bank of Japan may wait for Q2 data before raising interest rates. Policymakers prioritize normalizing monetary policy and addressing declining consumer spending. Concerns remain about rising utilities costs and weak yen. Government highlights need to work with central bank and address soft consumption and inflation uncertainty. #Japan #GDP #economy...

#newstr #Japan #Economy #Gdp #Government #CentralBank #Inflation #Consumption #MonetaryTightening #ChineseGrowth 

 https://here.news/story/6f1fa2fe?ver=0.4