JAPAN’S economy slipped into a recession as it unexpectedly shrank for a second straight quarter on weak domestic demand, data showed on Thursday (Feb 15), raising uncertainty about the central bank’s plans to exit its ultra-easy policy sometime this year. Read more at The Business Times.
  • antidote101@lemmy.world
    4·
    2 years ago

    Might this have been part of their attempts to trigger inflation?

    Japan had been in deflation for 25 years. They were trying to get out of it.