In uncertain times, Japan opts to save

| Jan 21, 2017

In uncertain times, Japan opts to save

by

A funny thing happened on the way to the marketplace. The crowd thinned out. Consumption? Been there, done that. Enough. It’s a watershed. Minimal consumption equals a minimal economy — which equals what, long-term? The dreadful deprivation of the 1930s and ’40s fed a ...

Manufacturing surge, labor crunch show U.S. economic health, Fed says

Jan 19, 2017

Manufacturing surge, labor crunch show U.S. economic health, Fed says

A pickup in manufacturing, “widespread” reports of labor shortages and improving business investment set the stage for the Federal Reserve’s December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic ...

Kuroda turns cautiously optimistic about inflation target

Nov 14, 2016

Kuroda turns cautiously optimistic about inflation target

Bank of Japan Gov. Haruhiko Kuroda expressed confidence Monday that the 2 percent inflation target will be achieved around fiscal 2018, saying a pickup in oil prices and possible wage growth could help push up prices. Kuroda, however, also warned there are downside risks ...