Japan's Economy Rebounds, But Cracks Remain
They've got a yen for recovery. Government data released today showed a 1.7 percent GDP increase from the previous quarter, a jump that trumped all expectations. But economists say the positive news isn't likely to continue: Recent earthquakes and a slowdown in China's economy will likely pull the numbers back next quarter, meaning Prime Minister Shinzo Abe may be forced to go ahead with a dreaded sales tax increase planned for 2017. He's also expected to roll out a fiscal stimulus package, hoping to keep the nation from a second recession
