Japan's GDP growth revised down to 1.8 percent for Jan-March quarter
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Cabinet Office of Japan
Japan
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Bank of Japan says inflation has reached 2% target
The Bank of Japan stated that underlying inflation has reached its 2% target. The benchmark interest rate remains unchanged at 1.25%. Economic growth forecast for the current fiscal year was raised to 0.7%.
Related book
The Economics of Japan's Lost Decades
Author: Masahiro Kawai
This book provides a comprehensive analysis of the structural challenges facing the Japanese economy, including the volatility of capital investment and the long-term stagnation that continues to influence current GDP fluctuations.
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