Fed rate hike could impact U.S.-Japan exchange rates, says Sasakawa USA’s Harris

Categories: In the News, Sasakawa USA Blog

The Federal Reserve’s willingness to raise its benchmark rate on Wednesday “suggests that the U.S. economy is healthier than it has been in years, with robust job creation and rising wages and prices,” Sasakawa USA Fellow Tobias Harris said in a Nishi Nippon Shimbun article on March 17.

Tags: , , , , , , , , , , , , , , , , , ,

Japan Forfeits 30 Years to the Gyrations of the Yen

Author: Tsuchiya Hideo

Categories: In-Depth with Nippon.com

What was once called Japan’s lost decade has now persisted for much longer than 10 years. Despite hopes that the policies of Abenomics would generate a virtuous circle of recovery, turmoil overtook the world economy before they could do so. The yen appreciated, stock prices fell, and it does not seem likely that the negative interest rate of the Bank of Japan will resuscitate the economy.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , ,