GBP/JPY returns above 173.00 despite a decline in UK consumer spending – by Sagar_Dua24 GBPJPY BOE BOJ Inflation GDP
nterest as the Bank of Japan is committed to continuing quantitative easing to push inflation steadily above 2%.
This week, Japan’s Gross Domestic Product will be keenly watched. Thursday’s GDP data is expected to expand by 0.5% vs. prior expansion of 0.4% on a quarterly basis. Annualized Q1 GDP is seen steady at 1.6%.
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