CAD/JPY

The Federal Reserve's June policy meeting will mark a closely watched milestone for financial markets as newly installed Chair Kevin Warsh presides over his first Federal Open Market Committee (FOMC) gathering. The two-day meeting, scheduled for June 16-17, comes at a time when expectations for lower borrowing costs have largely evaporated amid persistent ...

It’s officially “Chairman” Kevin Warsh, not “chair.” The Federal Reserve website now lists Warsh as “chairman,” not “chair,” reversing the past 12 years when his predecessors Janet Yellen and Jerome Powell both chose to be called “chair.” Before Yellen, the term “chairman” was used exclusively. No law or regulation governs what a chair is called, leaving it ...

The story of modern Asia can be told through a single economic handoff. For decades, Japan was the region’s dominant economic power and one of the world’s most influential economies. But while Japan’s growth slowed after the collapse of its asset bubble, China embarked on an expansion that reshaped global trade, manufacturing, and investment. This graphic ...

Markets head into the first Fed meeting run by new Chair Kevin Warsh with almost no idea what he thinks about the recent surge in job growth, the acceleration in inflation or the path of interest rates. And that may be by design. Warsh has strongly criticized Fed communications, saying they have led to policy errors and placed the Fed more at the center of ...

There's a worry that Warsh may take away some avenues of Fed communication that academics and Fed watchers seem to really like. That risks leaving the public more in the dark at a time when inflation and borrowing costs both are concerns, and there's anxiety around artificial intelligence and the economy. Warsh might address some of those issues Wednesday ...

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The Bank of Japan is set to raise interest rates to a 31-year high next week and signal its readiness to keep pushing up borrowing costs, undeterred by the absence of its governor as it focuses on countering inflation risks from the Middle East war. The decision would align the BOJ with other central banks shifting towards tighter policy including the ...

Overseas visitor arrivals were 288,500 in April 2026, an increase of 21,300 from April 2025. The biggest changes were in arrivals from: • China (up 11,100) • Australia (up 5,500) • United States (up 3,100) • Japan (up 1,500) • Taiwan (up 1,300) • India (up 1,200) • Malaysia (up 1,000) • United Kingdom (down 3,300). The increase in visitor arrivals from ...

The week so far has been one where pressure has built up on the Bank of England. On Tuesday I looked at the interest-rate increase by Bank Indonesia which was its second in this phase. Today I am expecting an increase closer to home from the European Central Bank or ECB and it may well hint at a further one. So the heat is rising as Bank of England Governor ...

President Donald Trump’s new Federal Reserve chair, Kevin Warsh, previously argued that the Fed had room to cutinterest rates, a message that made him attractive to a president who has long viewed cuts as a top priority. Only weeks into his role as chair, Warsh is confronting rekindled inflation that may eventually force him to do the opposite on rates, ...