Category: BLOOM

May 27

Ueda Indicates BOJ Is Still Eyeing More Rate Hikes, Boosting Yen

“In light of growing uncertainties, particularly those related to trade policy, we have recently revised down our economic and inflation outlook,” Ueda said. “However, we continue to expect underlying inflation to gradually move toward 2 percent over the second half of our forecast horizon,” he said, adding that Japan is now closer to its inflation […]
May 25

US Risks Losing ‘Reliable Investment’ Status, Allianz GI Manager Says

It’s the latest wedge dividing Europe, where emissions reductions are anchored in law, and the US, where the Trump administration has mounted a full-throated attack on net zero policies. The bill agreed by House Republicans is even “worse than feared” for investors committed to energy transition strategies, according to equity analysts at Jefferies. 
May 24

Fate of $20 Billion US Home Solar Market Lies in GOP Senate Hands

The impact on installation companies — many of them smaller, mom-and-pop operations — could be severe, if homeowners decide they can no longer afford going solar. Leon Keshishian, CEO of Civic Renewables, called the potential loss of tax credits “a killer” that could force him to cut staff at his company, which installs residential systems in Virginia, Maryland, […]