Japan is close to notching its longest economic growth streak since WWII, as the nation weathers higher oil prices from the war in Iran and the central bank\u2019s ongoing quest to normalize interest rates.<\/p>\n
The government kept its view that the economy is \u201crecovering moderately,\u201d signaling the expansion still has room to run, according to its monthly economic report released Tuesday. That\u2019s fueling speculation that the Cabinet Office\u2019s leading index \u2014 a composite of key economic indicators designed to predict the direction of the economy \u2014 will continue on its expansionary trend.<\/p>\n
The index for May, due July 7, is expected to show that the economy was on a growing trend for a 72nd month, or six years. If the June and July readings also point to continued growth, the current expansion would surpass the previous record of 73 months.<\/p>\n","protected":false},"excerpt":{"rendered":"Japan is close to notching its longest economic growth streak since WWII, as the nation weathers higher oil…\n","protected":false},"author":2,"featured_media":735019,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28168,28,101,2402,28167],"class_list":["post-735018","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-boj","tag-business","tag-economy","tag-inflation","tag-japanese-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/735018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=735018"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/735018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/735019"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=735018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=735018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=735018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}