US Treasury Department: Bank of Japan should continue to tighten monetary policy.

According to the Securities Times APP, the US Treasury Department stated on Thursday that the Bank of Japan should continue to tighten monetary policy, which will support the "normalization of the yen's softening" and bilateral trade rebalancing. The US Treasury Department stated in its exchange rate report submitted to Congress: "The Bank of Japan should continue to tighten policy to address domestic economic fundamentals including economic growth and inflation, support the normalization of the yen against the US dollar, and the structural rebalancing urgently needed for bilateral trade."