Japan Spends $59 Billion in Market Moves to Bolster Yen Amid Economic Woes In a bold move to stabilize its currency, Japan is believed to have spent approximately ¥9 trillion ($59 billion) on market interventions over just four days, a move that traders and authorities have not officially confirmed. Despite these significant financial efforts, there are growing concerns among economists, traders, and businesses about the broader economic impact, as Japan’s ageing and shrinking population continues to grapple with the after-effects of decades-long deflation. This large-scale intervention underscores the severe challenges the Japanese economy faces, and it may not prevent consumers from curbing their spending. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Federal Reserve Shifts Focus Away from Recession Concerns READ MORE Gold Market Holds Breath: Powell Speech and Payrolls Report in Focus READ MORE Rogoff Warns: Biden and Trump Policies Could Skyrocket US Debt READ MORE Gold's Bright Future: Predicted Surge Past $2,500 in 2024 READ MORE Ron Paul Urges End to Fed, Don't Tax the Rich READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment