G20 Finance Ministers Endorse Japan’s Easy Money Policy

Finance ministers from the world’s largest economies endorsed Japan’s recently launched easy-money policy Friday, downplaying previous concerns that the strategy could give Japan an unfair trade advantage.

“We discussed it, but not with the same amount of concern as this past February,” Russian finance Minister Anton Siluanov told reporters after chairing a meeting of the Group of 20 finance ministers and central bank governors. “It was discussed in a very calm manner.”

The G20 group of countries held a meeting here this week during the spring meeting of the International Monetary Fund and World Bank.

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