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14th Feb 2024 14:57China+, Daily Monitor

  • Japan’s economy enters technical recession as it saw two successive quarters of negative growth.
  • Despite lacklustre domestic demand, growth was supported by nascent recovery in external demand.
  • BoJ is likely to remove negative rates in Q2 after the Shuntō wage rounds despite weak fundamentals.

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Keywords for: 16 February 2024 China+ Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence