Japan Economy Contracts as Consumers Businesses Cut Spending
Japan’s economy contracted in the first quarter, with gross domestic product shrinking at an annualized pace of 2%, as consumers and companies reduced spending. The weak results come with the Bank of Japan looking closely at data to determine when it should next raise interest rates after it conducted its first hike in 17 years in March. Brian Fowler reports on Bloomberg Television.
You can find out more on this story here: https://www.bloomberg.com/news/articl...
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9'>https://tinyurl.com/ysu5b8a9'>https://tinyurl.com/ysu5b8a9'>https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com'>http://www.bloomberg.com'>http://www.bloomberg.com'>http://www.bloomberg.com for business news & analysis, uptotheminute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: https://www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloombergnews
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on YouTube:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9'>https://tinyurl.com/ysu5b8a9'>https://tinyurl.com/ysu5b8a9'>https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com'>http://www.bloomberg.com'>http://www.bloomberg.com'>http://www.bloomberg.com for business news & analysis, uptotheminute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: https://www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloombergnews
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on YouTube:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9'>https://tinyurl.com/ysu5b8a9'>https://tinyurl.com/ysu5b8a9'>https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com'>http://www.bloomberg.com'>http://www.bloomberg.com'>http://www.bloomberg.com for business news & analysis, uptotheminute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv
Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: https://www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloombergnews
More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals
Watch more on YouTube:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts
