BFM 89.9
The Business Station
How Long Can Japan Keep Interest Rates Low?
10 mins
·
07:30, 12 Dec 2022
·
Recommended
Guest: William Pesek, Columnist, Nikkei Asia
Japan has revised its third quarter GDP figures, under the expectation that it will shrink to 0.8% on an annualised basis instead of 1.2%. But this doesn’t eliminate concerns over the economy’s resilience heading into 2023, even with the 210 billion US dollars. Moreover, the yen's persistent weakness against the US dollar has impacted prices of imports; Japan recorded a current account deficit of 4.5 billion US dollars in October. How long can The Bank of Japan keep the policy of low-interest rates? For answers, we speak to William Pesek, Tokyo-based journalist and columnist, Nikkei Asia.
Image credit: Shutterstock
Presenter: Wong Shou Ning, Chong Tjen San
Producer: Shazana Mokhtar
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How Long Can Japan Keep Interest Rates Low?
10 mins
·
07:30, 12 Dec 2022
Guest: William Pesek, Columnist, Nikkei Asia
Japan has revised its third quarter GDP figures, under the expectation that it will shrink to 0.8% on an annualised basis instead of 1.2%. But this doesn’t eliminate concerns over the economy’s resilience heading into 2023, even with the 210 billion US dollars. Moreover, the yen's persistent weakness against the US dollar has impacted prices of imports; Japan recorded a current account deficit of 4.5 billion US dollars in October. How long can The Bank of Japan keep the policy of low-interest rates? For answers, we speak to William Pesek, Tokyo-based journalist and columnist, Nikkei Asia.
Image credit: Shutterstock
Presenter: Wong Shou Ning, Chong Tjen San
Producer: Shazana Mokhtar
Share:
Recommended
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Recent episodes
0
Latest Stories
Podcasts · Feb 5 · 38 mins
Leaping Into Luxury With The Leapmotor C10
Podcasts · Feb 5 · 31 mins
Where Did Datuk Kong Come From?
Podcasts · Feb 5 · 37 mins
Program Anak Kita: Fixing Education, One Child at a Time