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: Bank of Japan, BOJ, bond prices, economics, Economy, exchange rate, fed, federal reserve, in the news, interest, interest benchmark, interest rate, Japan, nishi nippon shimbun, rate, rate hike, strong dollar, tobias harris, yield
Author: The Japan Times
Categories: Daily Japan News
Rumors of a US interest rate hike has sent the yen to its lowest point versus the dollar in twelve years.