Economics
G-7 Warns on Weak Global Growth as Japan Bristles Over Yen
- Finance ministers, central bank chiefs met in northern Japan
- Japan is at odds with U.S. on currency market conditions
Finance ministers and central bankers from the G7 hold a session meeting in Sendai.
Photographer: Kazuhiro Nogi/AFP/Getty ImagesThis article is for subscribers only.
Finance chiefs from the world’s biggest developed economies meeting in Japan underscored concerns that global growth is flagging and reaffirmed a pledge not to deliberately weaken their currencies, even as Japan again warned on the yen’s surge.
At the end of two days of talks, Group of Seven central bank governors and finance ministers highlighted risks from terrorism, refugee flows, political conflicts and the potential for a U.K. exit from the European Union.