TOKYO, Japan — Japan’s economy grew at an annualized rate of 1.1% in the second quarter, falling short of expectations for 2% growth as weaker domestic demand offset stronger exports, according to data released Monday.
टैग: Bank of Japan
Japan, US Confirm Joint Yen-Buying Intervention, Signal Readiness for More Action
Japan and the United States have confirmed that they carried out a coordinated intervention in the foreign exchange market to support the Japanese yen, marking the first joint currency operation between the two countries in more than a decade. Japanese authorities said they remain prepared to intervene again if necessary, underscoring growing concern over the yen’s prolonged weakness and its potential impact on global financial markets.