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US Treasury says Japan no longer faces deflationary environment, yen level must change

Summary by WTVB
BANGKOK, Oct 16 (Reuters) - Japan no longer faces the deflationary environment ​that existed for ‌more than a decade, and the level of its currency and monetary policy ‌must ​change accordingly, US ⁠Treasury Undersecretary ⁠Erin Browne said on Friday. ...

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US Treasury says Japan no longer faces deflationary environment, yen level must change

·London, United Kingdom
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The US Treasury Department sent a noteworthy message to Japan. It stated that the yen's value and monetary policy need to be adjusted to changing economic conditions. A warning was issued that sudden currency fluctuations could increase global financing costs.

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WTVB broke the news on Friday, October 16, 2026.
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