Global Market: Japan GDP revision signals resilience as markets brace for BOJ policy move
https://economictimes.indiatimes.com/markets/us-stocks/wall-street-guide/global-market-japan-gdp-revision-signals-resilience-as-markets-brace-for-boj-policy-move/articleshow/133907167.cms
apan’s Q2 GDP grew at an annualised 1.4%, beating the initial 1.1% estimate but missing forecasts. The revision reflected a smaller decline in business investment, while consumption remained unchanged. Stronger real wage growth and resilient corporate spending may reinforce expectations of a Bank of Japan rate hike to 1.25% next week.
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