The Traderszone Network

Published in TZ Latest News 15 February, 2015 by The TZ Newswire Staff

GDP data to show Japan’s economy out of recession

Japan’s economy likely rebounded from recession in the final quarter of last year, data on Monday is set to show, giving a much needed boost to premier Shinzo Abe’s efforts to steer the country out of decades of stagnation. A return to steady growth will also allow the Bank of Japan to hold off on expanding monetary stimulus in coming months, even as slumping oil prices push inflation further away from its 2 percent target, analysts say.