The Traderszone Network

Published in TZ Latest News 18 October, 2015 by The TZ Newswire Staff

Japan third-quarter growth seen slowing sharply as Asian demand slumps

Japan’s economy is expected to have slowed sharply in the third quarter as demand across Asia ebbed, keeping the Bank of Japan and policymakers under pressure to inject more stimulus to revitalize growth, a Reuters poll found. To support growth, Prime Minister Shinzo Abe unveiled his new “three arrows” last month – a target to boost gross domestic product (GDP) to 600 trillion yen ($5 trillion), lifting the fertility rate and pursuing social welfare reforms.

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