Japan Unveils ¥17 Trillion Stimulus Package to Combat Economic Slowdown
Japan's new administration has initiated discussions on a ¥17 trillion ($110 billion) economic stimulus package, marking one of the largest fiscal interventions in recent years. The MOVE aims to address persistent inflation, sluggish growth, and geopolitical risks tied to China.
The package includes tax cuts and utility subsidies to alleviate household pressures, reflecting a shift from monetary easing to fiscal measures. Policymakers aim to finalize the plan by year-end, signaling the government's renewed focus on economic revitalization.
As the world's third-largest economy and a major holder of US debt, Japan's stimulus could have ripple effects across global markets—including cryptocurrency sectors that often benefit from liquidity injections and macroeconomic uncertainty.
