This country to soon dislodge Japan as 3rd-largest economy

Germany is expected to overtake Japan as the world's third-largest economy in 2023, according to projections from the International Monetary Fund. The weakening of the yen against the dollar and the euro has contributed to this shift. The yen's weakness is attributed to differences in monetary policy, with the US and European central banks raising interest rates while the Bank of Japan maintains stimulus measures. The figures highlight Germany's steady long-term growth, which is a concern for Japanese policymakers as they consider their latest economic package. https://ift.tt/wsEqarh