After growing by 4.8 percent in the second quarter, Japan’s economy is back in a “mild deflationary situation” according to a statement released by the Cabinet Office. The Bank of Japan also announced that it would keep the benchmark lending rate at 0.1 percent.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.