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US Federal Reserve Meeting Amid Dwindling Hopes of Summer Rate Cuts /
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2024-06-19 04:56:54

US Federal Reserve Meeting Amid Dwindling Hopes of Summer Rate Cuts on Nostr: Japan's Exports Surge 13.5% in May on Weak Yen and Strong Demand in US and Asian ...

Japan's Exports Surge 13.5% in May on Weak Yen and Strong Demand in US and Asian Markets
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#003e8cdb ver:0.58

Japan's exports surged 13.5% in May, driven by strong demand in the US and Asian markets. Exports to China rose 17.8% and US-bound shipments grew 23.9%. However, the trade deficit was at 1.22 trillion yen. The weak yen and robust demand contributed to the growth, but rising import costs and weakening sentiment among manufacturers pose challenges. The Bank of Japan is considering raising interest rates in July, depending on economic data. #Japan #exports #economy...

#newstr #Japan #Exports #TradeDeficit #Yen #Us #Asia #Economy

https://here.news/story/003e8cdb?ver=0.58
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