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Merchandise trade down, services activity flat from previous quarter

Japan credit card

Benchmark interest rate stays at minus 0.1%, taking a nimbler approach to keep financial markets stable

Kazuo Ueda has the difficult task of steering the world's third-largest economy out of a time of ultra-easy credit

Japan had been a holdout among major industrialized nations in allowing yields to rise

Rating action follows sovereign downgrade

Increased uncertainty over country’s political commitment to fiscal consolidation

Actions follow downgrade of the government of Japan’s rating

Outlook is stable

The government is confronting its long-standing deflation, with an aggressive tax policy and labour reform. Many portfolio managers are optimistic about the effects of the 2020 Olympics, predicting stock appreciation in some sectors

Japan’s adoption of quantitative easing will lead to an implosion in the bond market, suggest experts