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Japanese Yen Could Fall if Takaichi Replaces PM
The worst outcome for the Japanese yen would be if Sanae Takaichi became the next leader of the Liberal Democratic Party in the event Prime Minister Shigeru Ishiba resigns, MUFG Bank’s Lee Hardman ...
Japan Scores Trade Win as U.S. Agrees to Lower Auto Tariffs -- Update
The reduction in auto tariffs--a key demand for Japan during negotiations--forms part of a trade deal with the U.S. Including the 2.5% original duty, U.S. tariffs on Japanese cars and auto parts will ...
Top housing regulator Bill Pulte emerges as Trump’s biggest attack dog
The role is one that typically gets little media attention, but Pulte has gotten outsize notice for his willingness to attack Trump’s rivals.
Trump says he’s ‘solved the inflation problem.’ The economic data tell a different story.
There are two problems with Trump’s assertion. First, the White House has been unable to identify the survey he keeps ...
US Fed independence under threat, say economists, but no one expects a July rate cut
The U.S. Federal Reserve's independence is under threat from mounting political interference, according to a clear majority of economists polled by Reuters, although no one expects a July interest ...
Trump backs off on Powell threats — for now
President Trump has backed off of his threats to fire Federal Reserve Chair Jerome Powell — for now. The president appeared to reach a breaking point with Powell last week when he told Republican ...
Yen wobbles as traders process trade deal and political uncertainty
Market focus was on the yen on Wednesday, which traded choppily as traders weighed speculation about the future of Japanese ...
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Fed Chair Jerome Powell Remains Silent on Interest Rate Cuts Amid Pressures
TLDR Fed Chair Powell stays silent on interest rate cuts amid market uncertainty and political pressure from Trump. Powell focuses on U.S. bank capital rules, avoiding comments on future monetary ...
Trump says he's struck a "massive" trade deal with Japan, calling for 15% tariffs
President Trump said Tuesday he has struck a "massive" trade deal with Japan that calls for 15% tariffs on goods the U.S. imports from there.The president wrote on his Truth Social platform Tuesday ...
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UPDTE1: BOJ deputy chief signals further rate hikes
One of the Bank of Japan's deputy chiefs on Wednesday reiterated the bank's readiness to pursue a path toward monetary normalization if the Japanese economy and inflation move in line with ...
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Trump Proposes Eliminating Capital Gains Tax: Who Stands to Benefit?
In a bold move that could reshape the real estate market, President Donald Trump is considering a significant tax exemption for homeowners. This proposal, aimed at eliminating the capital gains tax on ...
Wall Street ticks up to another record as GM and others show how tariffs are impacting them
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.