Japan’s Q3 Corporate Spending Growth Highlights Robust Domestic Demand
Japanese corporate capital expenditure increased by 8.1% year-on-year in the third quarter, according to data released by the Ministry of Finance. The rise in business spending underscores solid domestic demand, offering support to the country’s fragile economic recovery. The capital spending growth, which surpassed the 7.4% gain seen in the previous quarter, reflects sustained investment […]
Fed’s Collins Says More Rate Cuts Likely, Strategy Still Unclear
Boston Federal Reserve President Susan Collins has indicated that further interest rate cuts are necessary but stressed the need for a careful approach to avoid acting too quickly or too slowly. Speaking at the University of Michigan, Collins explained that while the ultimate direction of monetary policy remains uncertain, current rates are still somewhat restrictive, […]