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Japan Approves $135.4 Billion Stimulus Package Amid Investor Sell-Off

Japan’s new prime minister’s economic stimulus plan triggers bond and yen sell-off as markets react to increased government borrowing.

Summary

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Terms & Concepts
  • Economic stimulus package: A government plan involving increased spending or tax reductions to boost economic activity.
  • Government borrowing: Funds raised by a government through issuing bonds or other debt instruments to finance spending.