Reported 2 days ago
Japan's ruling party policy chief, Itsunori Onodera, emphasized the need to strengthen the yen to enhance industrial competitiveness and alleviate rising living costs. Ahead of upcoming trade talks with the U.S., he rejected suggestions to use Japan's substantial U.S. Treasury holdings as leverage against tariffs imposed by President Trump. Onodera attributed inflation partly to the weak yen and indicated that improving Japan’s economic strength is vital for currency stabilization.
Source: YAHOO