• Weak GDP Growth May Force Bank of Japan's Hand Again

    3 days ago - By ETF Daily News

    From WisdomTree : Japan's gross domestic product dropped at an annualized rate of .6% in the first quarter, January through March. After eight consecutive quarters with positive growth, some cyclical payback was inevitable.
    However, the report sends a loud and clear message for policy makers in general, the Bank of Japan in particular: there is no room for complacency. All components of private demand contracted simultaneously; only exports reported solid growth; and now Japan's absolute level of GDP generated dropped back down to where it was last spring. In short: Japan's monetary policy...
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