The yen rose against the dollar, and could rise further given the prospect of the BOJ raising interest rates by more than markets expect, Rabobank said.
This article looks into the latest developments in U.S. monetary policy, the broader implications and the uncertain path ahead.
U.S. stock futures were back in the red ahead of Wednesday's bell as shares in megacap Alphabet plunged 7% overnight. The ...
In Japan, the yen was last a touch stronger at 154.19 per dollar, having already climbed more than 1% for the week thus far.
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure ...