Tag: USD/JPY

Asia markets mostly higher as investors digest Fed rate cut, policy moves from regional central banks
Sep 23

Asia markets mostly higher as investors digest Fed rate cut, policy moves from regional central banks

A Chinese flag in Pudong’s Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023. Raul Ariano | Bloomberg | Getty Images Asia-Pacific markets were mostly higher Monday as investors digested monetary policy decisions from Japan and China as well as the U.S. Federal Reserve’s sharp rate cut last week. Data last Friday showed China’s […]

Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’
Sep 19

Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’

Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference. Brendan McDermid | Reuters As the U.S. Federal Reserve implemented its first interest rate cut since the early Covid-19 pandemic, billionaire investor Ray Dalio flagged that the U.S. economy still faces an “enormous amount of debt.” […]