[Korea Selected financial newspaper reporters - came out in April indicated that the required ahead of the US Treasury Department released a report Check Rates US, China and Japan between global currency conflict.
Three days' 2017 Global Economy 10 monitoring for issues "Report of the Bank of Korea analyzed that 'second half of last year after the US dollar bullish trend is resumed, and the United States Trump administration has raised the exchange rate issue in the main trading partners were intensifying global currency conflict aspects' .
Donald Trump for President of the United States apseun trade protectionism has raised the exchange rate issue to a major US trading partners, reasons for increase in the US trade balance deficit.
The report said, "ahead of the announcement of the US exchange reports US trade surplus countries such as China, Japan and Germany are facing a significant burden on the exchange rate movements.
Before last October, the US Treasury Department report has designated six countries, including China, Japan, Korea, Taiwan, Switzerland, Germany, observed countries. Observation countries has been interpreted as a previous step of "currency manipulation station.
The report predicts that "there is a tension between the United States and other countries regarding the exchange rate likely to continue for some time."
Monetary policy of the government policies trump Fed (Fed) have also been observed to be affected. The report "Future US economy and there is a possibility, depending on economic policy, Trump Government changed the Fed's monetary policy normalization rate 'saying' of the US economic recovery, inflation is speeding up fiscal policy serve the economic and inflationary pressure If the rate hike is likely faster rate, and forecasts.
Daily Economic News Finance FNTIMES - commercial reprint, copy, distribute prohibited purposes under the Copyright Act
Copyright ⓒ Korea's Financial News & FNTIMES.com
