"Japan's Economy Avoids Recession with Q4 Growth Revision"
TL;DR Summary
The Bank of Japan is considering normalizing interest rates as the country's economic growth has been revised to +0.1% q/q in the fourth quarter, dispelling concerns of a recession. There is speculation that the BOJ may shift rates to zero at its upcoming meeting and refine yield curve control. Rising JGB yields could impact Japanese investors and the yen carry trade, while the U.S. Federal Reserve is closely watching the upcoming consumer price index report for February, which is expected to show a steady annual inflation pace.
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