G-20 unconcerned about Japanese monetary easing
The meeting of G-20 finance ministers in Washington, DC, that conclude today has resulted in officials appearing to support monetary easing measures being undertaken by the Bank of Japan - but ministers said the US and other economies should keep a close watch on asset bubbles which can be associated with quantitative easing.
Addressing a press conference today, Russian finance minister Anton Siluanov said the G-20 had spent "much less time" discussing currency exchange rates than at the group's
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