Tag - us-federal-reserve

 
 

US FEDERAL RESERVE

Monitors at a firm in Tokyo shows the 225-issue Nikkei average topping the 34,000 mark on Wednesday.
BUSINESS / Markets
Jan 10, 2024
Nikkei stock index surges to near 34-year high for second day
The 225-issue Nikkei average ended up 678.54 points, or 2.01%, from Tuesday at 34,441.72, its highest close since February 1990.
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee meeting in Washington on Wednesday. The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished, forecasting a series of cuts next year.
BUSINESS / Economy
Dec 14, 2023
Fed prepares to shift to rate cuts in 2024 as inflation eases
Updated quarterly forecasts showed Fed officials expect to lower rates by 75 basis points next year, a sharper pace of cuts than indicated in September.
Jerome Powell, chairman of the U.S. Federal Reserve, from left, Kazuo Ueda, governor of the Bank of Japan (BOJ), and Christine Lagarde, president of the European Central Bank (ECB), walk the grounds at the Jackson Hole economic symposium in Moran, Wyoming, on Friday.
BUSINESS / Economy
Aug 28, 2023
At Jackson Hole, post-inflation challenges vex central bankers
The bankers stressed the need to keep interest rates high until inflation is contained, and wrestled with deep shifts that will make their jobs harder.
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 / ANALYSIS
Jul 14, 2023
Tumbling U.S. dollar a boon to risk assets across the globe
The greenback's tumble has come as U.S. Treasury yields have eased in recent days, dulling the dollar's allure while boosting a wide range of other currencies.
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 / Economy
Jun 12, 2023
Inflation and hot labor market drive dissent as Fed signals rate pause
Officials worry progress on inflation has stalled and say the Fed may need to do more to cool a surprisingly resilient economy.
Japan Times
EDITORIALS
May 26, 2023
Inexplicable debt debate undermines U.S. power and status
The U.S. secretary of the Treasury says the American government will hit the current debt ceiling on June 1. If it is not lifted, it will run out of money and be unable to pay its bills.
Japan Times
BUSINESS / Economy
May 8, 2023
Powell’s bet against recession looks good — minus the credit crunch and a standoff
Federal Reserve Chair Jerome Powell reckons the U.S. economy can skirt recession. But the odds are stacked against him — thanks to banking, politics, and even the weather.
Japan Times
BUSINESS / Economy
May 6, 2023
Yellen to tell G7 partners U.S. banking system sound and global outlook better
The U.S. treasury secretary's trip to Japan for a G7 meeting was 'compressed' to allow her to continue working with Congress to raise the debt ceiling and avoid an unprecedented default.
Japan Times
COMMENTARY / World
May 4, 2023
The SVB debacle and a bank 'murder mystery'
As long as there are banks, there will always have bank failures, which is why regulators are needed to draw the right lessons from the SVB debacle.
Japan Times
BUSINESS / Economy
May 3, 2023
What to watch as Fed readies to pause with one last hike
Fed watchers expect the U.S. central bank will deliver its final rate hike for a while on Wednesday.
Japan Times
BUSINESS
May 1, 2023
JPMorgan snaps up First Republic's assets in U.S. auction
Under the deal JPMorgan will pay $10.6 billion to the U.S. FDIC for most of the assets of the San Francisco-based bank.
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
Apr 29, 2023
U.S. Fed points finger at Trump-era rollback for SVB demise
The Fed's searing 100-page postmortem says bipartisan legislation in 2018 loosened post-financial crisis safeguards, undermining oversight by hindering the work of bank supervisors.
Japan Times
BUSINESS / Economy
Apr 13, 2023
Fed looks set to hike rates again, despite advisers' recession warnings
Officials have been aiming to balance the risk of a credit crunch with high price pressures, raising rates last month even amid forecasts for a 'mild recession” later this year.
Japan Times
BUSINESS / Economy
Apr 12, 2023
Fed officials signal divide over whether to hike rates again
One of its top officials suggested another rate increase may be needed to quell inflation, while its newest policymaker signaled that a pause may be in order.
Japan Times
BUSINESS
Mar 30, 2023
U.S. bank supervision needs more speed and transparency in wake of SVB debacle, critics say
The Fed’s vice chair claims that supervisors repeatedly identified risks to the failed bank, leading to accusations by lawmakers that the problems had not been escalated fast enough.
Japan Times
BUSINESS / Economy
Mar 23, 2023
Fed opts for hike-and-see in gamble that crisis will stay contained
Officials at the U.S. Federal Reserve are making a calculated risk that, while the recent banking turmoil will likely slow the economy, it won’t mushroom into a broader financial meltdown.
Japan Times
BUSINESS / Markets
Mar 21, 2023
Safe havens and risk assets both rise as banking woes shift Fed expectations
The unusual cross-currents come as the financial distress that started earlier this month has spread to Europe, with investors on edge about the health of the financial system.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on