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 ...

Aug 14, 2016

56% of major firms expect temporary lull in economy: survey

More than half of major Japanese companies surveyed expect the economy to remain flat through the end of the year, citing such concerns as sluggish consumer spending, a stronger yen and the effects of Britain’s decision to leave the European Union, a Kyodo News ...