Japanese Yen and Aussie Dollar News: Japan’s GDP, the RBA, and the Fed in Focus
Economists forecast Japan’s economy to expand by 0.3% in Q4 2024, up from 0.2% in Q3 2024. A sharper pickup in economic ...
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Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
Japan’s stance is at odds with the loosening trends adopted by the U.S. Federal Reserve and the European Central Bank, which have been cutting rates after raising them to clamp down on inflation.
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The Federal Reserve is ‘comfortable’ with its decision of 2 rate cuts in 2025
The Federal Reserve revealed its rhythm for 2025 ... rupee broke new ground by plunging below 85 to the dollar. In Japan, the Bank of Japan (BOJ) held its benchmark rate steady at 0.25%.