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Niaga AWANI: Japan Q4 GDP revised up to slight expansion, economy avoids recession

Niaga AWANI: Japan Q4 GDP revised up to slight expansion, economy avoids recession

Despite the pockets of weakness shown in the data, the BOJ will likely abandon the negative interest rates by next month citing a growing prospect of hefty pay hikes at annual wage talks with labour unions, said Marcel Thieliant, head of Asia-Pacific at Capital Economics.