Somehow Japan never learned th

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Et1502
08-03 08:16

Somehow Japan never learned their lesson on 20 years of deflation.

Japan Confirms Joint FX Intervention with U.S., Says Won't Hesitate for More

Japan confirms joint FX intervention with U.S., says won't hesitate for moreTOKYO, Aug 3 -Japan's Finance Ministry said it conducted coordinated yen-buying intervention with the United States on Friday to address recent "excessive volatility and disorderly movements" in the yen, adding it would not hesitate to take further action.In a statement issued on Monday, Finance Minister Satsuki Katayama said the ministry "remains attentive and in close communication with counterparts at the U.S. Treasury".

Japan Confirms Joint FX Intervention with U.S., Says Won't Hesitate for More

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