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@ tzongocu
2025-05-01 09:31:53
📰 News Alert...
🔖 Title: Bank of Japan Slashes Economic Growth Forecast Amidst Interest Rate Stalemate
🗓️ Published: 2025-05-01T10:00:00+03:00
📄 Summary: The Bank of Japan has revised its growth forecast for the economy down to just 0.5 percent, significantly reducing its previous estimate. This significant adjustment reflects ongoing economic challenges, prompting the central bank to hold off on raising interest rates for the time being. The decision underscores the Bank's commitment to supporting economic recovery amid a cautious outlook for growth.
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https://www.nytimes.com/2025/04/30/business/bank-of-japan-gdp-forecast.html
🗞️ Source: River Akira Davis and Kiuko Notoya
💓 #EconomicForecast #JapanEconomy #CentralBankPolicy