Tag - us-economy

 
 

US ECONOMY

It’s hard to overstate the importance of the U.S. Treasury market as it sets global stock and bond prices and shapes U.S. deficit financing costs.
COMMENTARY / World
Nov 27, 2024
Bessent will have to fix America's finances. Good luck with that.
It’s hard to overstate the importance of the U.S. Treasury market as it sets global stock and bond prices and shapes U.S. deficit financing costs.
The concept of "Buy American" has gained political traction among both leading U.S. parties, appealing to nationalist sentiments and the idea of supporting domestic jobs. But such a policy comes with real costs, monetary and otherwise.
COMMENTARY / World
Oct 23, 2024
‘Buy American’ policies don’t help Americans
Overall, the study's researchers estimate that "Buy American" provisions cost about $125,000 per job created, a relatively expensive investment.
The U.S. Federal Reserve's cutting of the federal funds rate from 5.3% to a range of 4.75-5%, its first monetary-easing cycle in over four years, has provided China with greater flexibility to stimulate its struggling economy.
COMMENTARY / World
Oct 10, 2024
What U.S. interest-rate cuts mean for China
The Fed's easing cycle means lower debt burdens and higher liquidity, allowing countries to cut rates without fearing excessive capital outflows.
The lapse of the historic U.S.-China Science and Technology Agreement, coupled with escalating tariffs and trade restrictions, has exacerbated economic tensions between the two countries and impacted global stability.
COMMENTARY / World
Sep 12, 2024
Resetting U.S.-China economic relations
To address global challenges, active cooperation between the two economic powers is indispensable.
Joe Biden’s tariffs on Chinese electric vehicles and other imports are more than symbolic — they are a signal that the U.S. won’t accept a surge of imports that could undermine crucial parts of his administration’s agenda.
COMMENTARY / World
May 21, 2024
The U.S. is preparing for a second 'China shock'
The immediate impact of these tariffs will be small, because the United States currently imports very few of the affected goods from China.
Although current FX interventions are not yet a significant concern for the U.S. Treasury market, large-scale interventions by major holders like Japan or China could pose risks in the future.
COMMENTARY
May 2, 2024
U.S. bonds brace for impact of Japan’s currency moves
Japan holds substantial dollar reserves, but if depleted, it might resort to selling U.S. bonds, though other measures would likely be considered first.
While Donald Trump and Joe Biden are both highly unpopular, key economic indicators and recent polls suggest that Biden should be worried about the coming election.
COMMENTARY / World
Mar 13, 2024
The anatomy of the Biden-Trump rematch
Trump has an energetic base whereas Biden’s re-election bid generates almost no enthusiasm. Still, many Americans strongly oppose a second Trump term.
A new report by the McKinsey Institute for Black Economic Mobility estimates that it could take up to 320 years for Black Americans to catch up to their white counterparts in quality of life.
COMMENTARY / World
Feb 8, 2024
Black Americans gain no ground on income and wealth
One study estimates that it could take up to 320 years for Black Americans to catch up to their white counterparts' in quality of life.
A ceremony marking the opening of the carbon credit market at the Tokyo Stock Exchange in Tokyo on Oct. 11
COMMENTARY / World
Aug 15, 2023
Why all carbon credits aren’t created equal
Because the carbon credit market is unregulated and completely voluntary, it’s been able to get away with a lack of scrutiny.
Japan Times
COMMENTARY / Japan
Jul 23, 2023
BOJ faces monetary policy challenges amid an inflationary environment
The BOJ with its monetary policies must navigate various structural issues, including population decline, aging and geopolitical tensions to achieve its desired price stability.
Japan Times
BUSINESS
Jul 21, 2023
Japan's top financial diplomat signals chance of BOJ policy tweaks
In rare remarks on monetary policy, Masato Kanda said he expects the Bank of Japan to make a judgment on policy by analyzing the conditions and outlook for prices at every review.
Japan Times
BUSINESS
Jul 21, 2023
Tokyo's new condo prices surge 60% to a record in first half of year
The average price of a new apartment in central Tokyo jumped 60% to ¥129.6 million ($930,000) in the January to June period.
Japan Times
BUSINESS
Jul 21, 2023
Japan's price growth accelerates ahead of BOJ inflation update
Prices excluding those for fresh food gained 3.3% from a year ago, accelerating a little from the rise in May as energy prices were less of a drag on inflation.
Japan Times
BUSINESS / Economy
Jul 21, 2023
China's sagging economy looms over quarterly results around the world
Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.
Japan Times
COMMENTARY / World
Jul 19, 2023
Don’t write off China’s economic recovery
While China's post-pandemic economic recovery has so far lagged well behind expectations, a supportive policy package can go a long way toward changing that.
Japan Times
BUSINESS
Jul 19, 2023
Tokyo traders await June inflation data ahead of BOJ policy meeting
Consumer prices excluding fresh food and energy costs have seen price gains hovering close to a high of more than four decades.
Japan Times
BUSINESS
Jul 19, 2023
Japan's retailers see earnings windfall as consumers tolerate inflation
Profits and rising share prices in the sector, undiminished by customer hesitancy, are adding to speculation the Bank of Japan may upgrade its inflation forecast next week.
Japan Times
BUSINESS / Markets
Jul 18, 2023
An $880 billion fund is shorting key Japanese bonds in BOJ bet
An $880 billion fund is betting it’s only a matter of time before the Bank of Japan tightens monetary policy.

Longform

Visitors to Kyoto walk along a street near Kiyomizu Temple in April. A popular tourist spot, Kyoto has seen what locals feel to be an overwhelming amount of tourists in 2024.
Is Japan ready for 60 million tourists?