Bank of Japan
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Japan slips into recession, cedes third-largest economy status to Germany
World
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Japan slips into recession, relinquishing its position as the world's third-largest economy to Germany, amidst two consecutive quarters of economic contraction.
By
Aishi Saha
Nikkei 225 is dropped and over 2% after the Bank of Japan expands its yield target range, while the Yen rises
Central bank will permit the 10-year JGB yield to fluctuate by up to 50 basis points.
By
News Desk