Japan's Yen Crisis: Will Intervention Help?

Japans yen hits ten-month low, raising concerns about a potential third intervention in the currency market. The countrys massive stimulus package and warnings of intervention have investors on edge, as the weak yen persists due to interest rate differences with the US. Experts suggest that replicating past intervention success may be challenging, and a rate hike by the Bank of Japan could truly stabilize the currency.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.