The USD/JPY exchange rate drifted downwards after the relatively strong Japanese inflation data and the Bank of Japan (BoJ) interest rate decision. The pair retreated to 155.90, down from this year’s ...
Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, ...
The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. The decision by the central bank came at the end of a ...
After a long period of stagnation, the return of inflation and wage growth is giving the Bank of Japan room to raise interest ...
The Bank of Japan is expected to raise interest rates on Friday to their highest levels since the 2008 global financial crisis, as a broad stocks rally worldwide calms policymakers' fears U.S.
Stocks have soared in 2024, but a new presidential administration, a potential pivot by the Federal Reserve and shifting consumer sentiment could change market dynamics in 2025.
Official bodies have taken note. The Federal Reserve last month preemptively softened the stress tests to which it subjects banks right before lenders took the unusual step of suing their regulator.
Federal workers are getting the day off Thursday to remember former President Jimmy Carter. The 39th President died Sunday, December 29th at the age of 100. He had been in hospice care the past ...
On Wednesday, the Federal Reserve will release the minutes from its last policy meeting, where it cut its main interest rate for a third straight time but hinted fewer reductions may arrive in 2025.
Keith Lawrence Middlebrook, 57, was taken into custody Monday morning at his sentencing hearing in a Little Tokyo federal courtroom, months after he was found guilty at trial on 11 counts of wire ...
Interest rates have been climbing since the Federal Reserve signaled last month that it expects to raise its benchmark rate just twice this year, down from the four cuts it forecast in September. The ...
Investors have ratcheted back expectations for how many cuts to interest rates the Federal Reserve may deliver in 2025, for example. Inflation has remained stubbornly above the Fed’s 2% target ...