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👤Arthur Greene
🕔December 8, 2016
Japan unexpectedly cut its reading of third-quarter economic growth to an annualized 1.3 percent, from a preliminary estimate of 2.2 percent expansion. The revision was driven by drops in business spending and in private inventories.
The gross domestic product (GDP) expanded just 0.3% in July-September and 1.3% annually, the Cabinet Office said on Thursday in a revised estimate.…
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👤Arthur Greene
🕔November 14, 2016
Japan’s economy expanded more than forecast in the three months through September, with a rebound in exports compensating for weak spending by people and companies.
The Japan’s economy beat expectations in the third quarter thanks to exports, according to government data.…
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👤Nurudeen Amedu
🕔August 2, 2016
The Japanese Prime Minister Shinzo Abe has strategically positioned the country for a global shift away from austerity measures and back on track for a lighter fiscal policy by launching the new 4.6 trillion yen ($45 Billion) stimulus which is meant to strengthen the now struggling Japanese economy.…
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Revived Expectations of Helicopter Money in Japan
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👤Isaac Ndegwa
🕔July 31, 2016
Japan carried out a “comprehensive review” of its monetary stimulus program but that has only increased the expectations that the BoJ will adopt some radical tools such as ‘helicopter money’. The policy aims at letting the government print money and spend it in order to spur inflation.…
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👤Lisa Harris
🕔July 22, 2016
- No need and no possibility for helicopter money
The JPY regained its balance against the euro and the dollar during the Asian session Friday, after a declining possibility for aggressive easing sent the JPY on the rise.
The JPY now stands with the USD at ¥105.81, compared with ¥105.82 late on Thursday in New York.…
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Is the USD unstoppable?
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👤Lisa Harris
🕔July 19, 2016
The USD continues to make reach new highs as it broke a new resistance level today. The dollar has been winning against major currencies with big moves of strength observed against the Great British Pounds, Australian and New Zealand Dollars.
The US dollar has maintained a fairly consistent range since the EU referendum, which shows in the recent upward sloping of the US dollars chart.…
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