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April 26, 2024
 

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Steve Matthews
For Steve Matthews's latest contributions to The Japan Times, see below:
U.S. Federal Reserve chair Jerome Powell holds a news conference after a Federal Open Market Committee meeting in Washington on Wednesday. Powell signaled that an interest rate cut as soon as in March is unlikely, as the central bank remains data-dependent when mulling its next steps.
BUSINESS / Economy
Feb 1, 2024
Fed cements pivot but pushes back on timing of cuts
Chair Jerome Powell said officials would move patiently and doused speculation that rate cuts would start at the next meeting.
The U.S. Federal Reserve building in Washington
BUSINESS / Economy
Aug 14, 2023
The Fed is playing a waiting game to try to avoid a recession
An increasing number of economists — including the Federal Reserve’s own staff — are predicting the U.S. will escape a recession.
Japan Times
BUSINESS / Economy
Jun 15, 2023
Fed chief dances between pause and hikes in communication two-step
The surprisingly high projections may reflect a return to the Fed’s strategy of cooling a resilient economy while slowing its tightening campaign.
Japan Times
BUSINESS
May 1, 2023
Jerome Powell could face more opposition as Fed choices get tougher
Federal Open Market Committee voters have to decide whether to continue the inflation fight or try to cushion a slowing economy.
Japan Times
BUSINESS / Economy
Mar 17, 2023
Fed expected to hike rates a quarter point next week, according to economist survey
Worries in the aftermath of the SVB and Signature Bank failures have led markets to a broad repricing of the U.S. Federal Reserve’s interest-rate path.
Japan Times
BUSINESS / Economy
Jan 9, 2023
Economists fret over perils ahead for global growth
The world economy may be shifting to a more difficult era where interest rates will be higher, geopolitical tensions greater and uncertainties more pronounced.
Japan Times
BUSINESS
Dec 16, 2021
Jerome Powell declares inflation big threat as Fed signals rate hikes
In an abrupt shift, the Fed sped up the drawdown of its asset-purchase program and laid out a plan for a series of interest-rate increases over the coming years.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Over 40% of Japan's municipalities at risk of vanishing, study finds
Of 1,729 local municipalities nationwide, 744 have been identified as being at risk of disappearing.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
Yen inches closer to intervention point as BOJ meeting starts
The rate of the yen against the U.S. dollar is displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.
LDP veteran Nikai's youngest son expected to succeed him in Wakayama
Toshihiro Nikai, former secretary-general of the Liberal Democratic Party, announced in March that he would not run in the next Lower House election to take responsibility for the political funds scandal that rocked his party and his own faction.
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

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Prize winner Maki Imoto catches light with glass
Prize winner Maki Imoto catches light with glass

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