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TOKYO — In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive.
Before we discuss the plans Trump advisors are hatching to jettison the Federal Reserve’s independence, let’s concede that every president covets the Fed’s power to set interest rates.
Attention farmers and other business borrowers: Interest rates are going to stay higher longer than expected just a few months ago.
Vanguard doesn't expect the Federal Reserve to cut interest rates this year, defying the view from Fed officials that the central bank remains on track to reduce rates three times in 2024.
Inflation in the U.S. has hit a speed bump.
Japan’s decision to raise the cost of borrowing for the first time in 17 years this week is seen to offer yen assets a boost, but the impact of higher rates on China’s currency and cross-border capital flows might be marginal, according to analysts.
Japan’s central bank pulled the plug on Tuesday on its ultra-aggressive monetary stimulus programme, hiking rates for the first time since the global financial crisis.
Japan’s central bank raised interest rates for the first time since 2007 on Tuesday, pushing them above zero to close a chapter in its aggressive effort to stimulate an economy that has long struggled to grow.