U.S. Treasury Asks BOJ to Continue Monetary Squeeze

Washington, June 5 (Jiji Press)--The U.S. Treasury Department on Thursday asked the Bank of Japan to continue its monetary tightening to correct the yen's depreciation against the dollar, which benefits Japan's exports to the United States. In its semiannual report released on the day on macroeconomic and foreign exchange policies of major trading partners of the United States, the departme...

U.S. Treasury Asks BOJ to Continue Monetary Squeeze
Washington, June 5 (Jiji Press)--The U.S. Treasury Department on Thursday asked the Bank of Japan to continue its monetary tightening to correct the yen's depreciation against the dollar, which benefits Japan's exports to the United States. In its semiannual report released on the day on macroeconomic and foreign exchange policies of major trading partners of the United States, the departme...