Nikkei 225 Surges Amid Japan’s Recession Puzzle

Nikkei 225 Hits Near-Record Highs Amid Japan's Surprise Recession

In a striking turn of events, Japan's Nikkei 225 index surged to levels not seen since 1990, closing at 38,040 points, a mere breath away from its all-time peak of 38,915 points achieved in 1989. This remarkable performance comes in the face of Japan slipping into a technical recession in Q4 2023, an outcome that has ignited intense speculation concerning the Bank of Japan's (BOJ) future monetary policy actions.