U.S. Treasury Secretary Comments on Japan: Excessive Currency Fluctuations Are Undesirable

Deep News05-19 21:52

U.S. Treasury Secretary Janet Yellen stated, "Japan's economic fundamentals are strong, and excessive exchange rate fluctuations are not desirable." Yellen posted on the social media platform X, expressing her belief that "the Governor of the Bank of Japan will successfully guide Japan's monetary policy." Following these remarks, the U.S. dollar briefly weakened against the Japanese yen, hitting a session low.

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