Headlines crossing saying the BoJ is likely to slash its GDP forecasts - from 4 days ago ...Middle East

Bank of Japan is likely to revise down GDP forecastsMay lower both Fiscal Year 25 and FY26 GDP forecasts to below 1%

Nikkei (gated) has more.

Indeed, the US is already looking like its in recession:

US Q1 advance GDP -0.3% vs +0.3% expected This article was written by Eamonn Sheridan at www.forexlive.com.

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