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 December PCE: Core Inflation Dropped More Than Expected READ MORE August jobs report: Unemployment rate falls to 4.2%, labor market adds 142,000 jobs READ MORE The New Gold Rush: Why Investors Are Flocking to Bullion in a Strong Market READ MORE Analysts Bullish on Silver: UBS Sees 18% Upside Potential in Coming Months READ MORE Gold ETFs Face $6.7bn Exodus in H1 2024, Worst First-Half Since 2013 READ MORE Add a Comment Cancel replyYour email address will not be published.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