Adams says Japan's deflation fight almost over

A senior U.S. Treasury official indicated on Wednesday 1 March that Japan has nearly beaten deflation, and China should allow its currency to be more flexible.

"I do think that the majority of indices indicate that the worst is behind us and that improvements are under way," U.S. Treasury Undersecretary for International Affairs Timothy Adams told reporters in Tokyo, when asked if he thinks deflation is over in Japan.

Adams only said the BOJ has "very professional officials" who he expects to take

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.