"Japan Considers Intervention as Yen Hits 34-Year Low Against US Dollar"

The Japanese yen hit a 34-year-low against the US dollar, prompting speculation about potential government intervention to strengthen the currency. Japan's finance minister indicated that measures to address disorderly FX movements were being considered, and the Bank of Japan stated that it would respond through monetary policy measures if necessary. Analysts believe there is a higher chance of Japanese FX intervention, but also note that this may not address long-term concerns. Japan's economy is facing challenges including combating inflation after years of deflation, and the recent weakening of the yen has both positive and negative impacts on the country's economy.