katheri katherine barret, al jazeera. >>> the dow has been up all morning, despite new government figureswing the economy bare grew this quarter. >> this was largely expected. let's take a look at the headline number. the economy grew less than 1%, 0.7% precisely, and that was pretty much in line with expectations. consumer spending decelerated but still on the positive side, growing 2.2%. consumer spending powers two-third's of u.s. economic growth. so let's look at the area of weakness. exports were down 2.5%. you can credit that to the strong dollar making u.s. goods more expensive to buy oversees, also the slowdown in the global economy. another area of weakness, business investmentment, down 1.8%, and you can credit that to low oil prices making it very expensive for relatively expensive u.s. shale oil plays to keep going. so not a fantastic report. >> something that was not expected. today the bank of japan slashing interest rates to less than zero. what does that mean in light of gdp and fed policy. >> this was unexpected. negative interest rates basically mean what they are doing