Japan’s economy unexpectedly slipped into recession. Gross domestic product shrank at an annualized pace of 0.4% in the final three months of last year, following a revised 3.3% contraction in the previous quarter. The result will complicate the central bank’s case to conduct the first rate hike in Japan since 2007. Paul Jackson reports on Bloomberg Television.
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You can find out more on this story here: https://www.bloomberg.com/news/articles/2024-02-14/japan-s-economy-slips-into-recession-clouding-boj-s-policy-path?srnd=premium-asia
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