The US treasury says that the BOJ policy should continue to squeeze


By playing kihara

Tokyo (Reuters) – the Japan Bank, the US Treasury Department, will continue to tighten the “new weakness” and reconstruction of bilateral trade.

The Treasury Exploration statement, the Congress report complies his efforts to raise the steep business tariffs applied by President Donald Trump, and increase the interest rate from the economy.

“It should be continued in response to the internal economic basis that supports adult weakness, including growing and inflation, including increasing growth and inflation,” he said. About the treasury.

“Like the treasury, large public pension funds, public investment funds should not be invested for an exchange rate for risk-regulated returns and diversification purposes and to target the exchange rate,” he said.

Rare, Japan’s monetary policy becomes an ultra low interest rate in Washington’s focus, which is a low interest rate in the Ultra-low percentage.

Asked about the report, Japan’s Finance Minister Katsunobu Kato left the government’s policy decisions on Friday.

As for the reference to the report on the reference to pension funds, Kato said that pension funds are natural to fulfill their goals in the field management.

The treasury said that the US major trade partner manipulated the currency in 2024. However, Japan also said that China, South Korea, Taiwan, Singapore, Germany, Ireland and Switzerland are in the monitoring list for additional foreign currency verification.

BOJ, last year, ended the mass currency and short-term interest rates in Japan in January, short-term interest rates were removed, 2% inflation targets.

Although the Central Bank has become a preparatory to increase higher ratios, the economic echo of the United States forced to reduce growth forecasts in May.

The slow pace, which increases the percentage rates of the BOJ, was seen in markets as a key factor in juniors.

Most of the Reuters inquiries received on May 7-13, most economists show that Boj has expected the speed of growth by an increase in rapidly increasing growth from September.

Some market players can put pressure on Tokyo to help prevent Washington face against Yen and give us a competitive trade advantage.

KATO discussed the idea of ​​the exchange rate of exchange rate or the US Treasury Secretary Scott Bessent to set a foreign exchange target.

However, after a meeting in April, he said that the discussions touching Japanese salary and price developments after meeting.

“I do not think that in the direction of Bojun policy in the land of the United States and Japan, the former Japanese diplomat of Japan said Mitsuhiro Furusawa.

“But the increase in the hike will be difficult,” he said. “With so much uncertainty, the boj cannot easily or aggressively grow.”

(Notification by Leika Kihara; Additional Report by Makiko Yamazaki; Regulation by Himani Sarkar and Sam Holmes)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *