UNITED STATES – NOVEMBER 01: Paul Volcker, Chairman Federal Reserve Board, speaking at Domestic … [+] Policy Subcommittee meeting. (Photo by Diana Walker/Getty Images) Getty Images William...
Tag: Kuroda
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25% – Economics Bitcoin News
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese centr...
Japan’s And China’s Falling Currencies Should Raise Concerns For Asian Markets
getty The Japanese yen and Chinese yuan are as different as chalk and cheese. The yen is free floating and the yuan is rigidly controlled. But as the dollar strengthens in Asia due to the U.S. Federal...