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Japan’s economy bounces back, supporting case for more rate hikes

todayAugust 15, 2024 13

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Japan’s economy expanded by a much faster-than-expected annualized 3.1% in the second quarter, rebounding from a slump at the start of the year thanks to a strong rise in consumption and backing the case for another near-term interest rate hike.

​ Japan’s economy expanded by a much faster-than-expected annualized 3.1% in the second quarter, rebounding from a slump at the start of the year thanks to a strong rise in consumption and backing the case for another near-term interest rate hike. Read More Breaking News, Latest News and Videos | CNN 

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