US Deputy Secretary of the Treasury Erin Brown said that Japan was no longer in the deflationary environment that had persisted for many years, and expressed the view that the level of the yen and monetary policy needed to be reviewed. Brown held talks with Finance Ministry official Mimura (三村) on the 16th.
US Deputy Secretary of the Treasury Erin Brown said that Japan was no longer in the deflationary environment that had persisted for many years, and expressed the view that the yen’s level and monetary policy needed to change. Brown held talks with Finance Ministry official Mimura (三村) on the 16th.
Details of the talks were limited in the article, which reported them as an exchange of views between US and Japanese finance officials.