Japan’s Q3 growth forecast more than halved on COVID-19 impact

Investing.com | Sep 14, 2021 at 8:40 AM
  • Japan’s export-reliant economy will grow at less than half the pace in the current quarter than thought just one month ago, held back by local coronavirus outbreaks and the impact from the pandemic abroad, a Reuters poll found.
  • The BOJ has been purchasing assets as a way of stimulating its economy and attempting to boost inflation for most of the last 20 years.
  • About 80% of economists expected the central bank to begin unwinding its ultra-easy monetary policy when it makes its next move.