This page is the news announced by NHK, a representative TV station in Japan.

Economic news(2024/03/30)


Kyoto   Hakone

“Raising interest rates” but “weak yen”: Bank of Japan’s dilemma? [Economy column]

2024-03-30 23:07:00
The depreciation of the yen accelerates in the foreign exchange market. Even though the Bank of Japan decided to raise interest rates for the first time in 17 years, on March 27th, the yen was close to the 152 yen level, marking the first weaker yen to the dollar level since July 1990 in 33 years and eight months. Ta. Why is the yen depreciating at the same time as interest rates are being raised? An investigation into the background reveals a situation that could be called a dilemma for the Bank of Japan. (Economy Department reporter Koki Nishizono)

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Responding to the logistics “2024 problem” Joint delivery with expanding rival companies

2024-03-30 18:01:00
In the logistics industry, a cap on overtime work for truck drivers will be applied from April 1st, making it an issue to respond to the ``2024 problem,'' which raises concerns about a decrease in transportation volume. Overtime work for truck drivers will be capped at 960 hours per year, which is expected to reduce long working hours and improve the working environment. On the other hand, the issue of responding to the ``2024 problem,'' which concerns a decrease in transportation volume due to shorter working hours for drivers and worsening labor shortages, has become an issue. A private think tank estimates that if no measures are taken, approximately 35% of parcels nationwide will not be able to be transported by 2030, and the question is how far companies and other organizations can expand their efforts to improve delivery efficiency. It becomes.

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Suzu City's only taxi company has given up on continuing operations due to the Noto Peninsula earthquake

2024-03-30 12:24:00
It has been learned that the only company operating taxis in Suzu City, Ishikawa Prefecture, has given up on continuing operations due to the effects of the Noto Peninsula Earthquake. The company will close its operations at the end of March, but has received an offer from another taxi company to take over the business, and will continue to negotiate.

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US Federal Reserve Chairman: ``There is no need to rush to cut interest rates until we are confident that inflation is under control''

2024-03-30 11:15:00
Regarding future interest rate cuts, Federal Reserve Chairman Jerome Powell said, ``There is no need to rush to cut interest rates, and we can wait until we have more confidence that the rate of inflation will fall sustainably to 2%.'' ``There is no need to rush to cut interest rates until we are sure that inflation has come under control,'' he said.

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Kyoto   Mt.Fuji


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