$Lion-Nomura Japan Active ETF (Powered by AI) (JJJ.SG)$The Japanese government cut its economic growth forecast for the current fiscal year, reflecting weaker-than-expected private consumption.
The move gives some food for thought for Prime Minister Fumio Kishida ahead of the ruling party's presidential election in Sep, and the Bank of Japan as it mulls a potential rate hike.
The government lowered its real growth projection for fiscal year 2024 to 0.9% from the previous estimate of 1.3%, the Ca...
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