Japanese Finance Minister Taro Aso said the pace of the yen’s weakening has been too fast, speaking a week before a meeting of global finance chiefs where Japan’s currency stance is forecast to be an issue. Aso told reporters in Tokyo today that the yen’s drop has been too rapid, after earlier telling lawmakers the government hadn’t anticipated the yen’s rapid move to around 90 per dollar. The yen has slumped 13 percent since mid-November in anticipation of the greater monetary stimulus advocated by Shinzo Abe, who took office as prime minister in December. The yen’s drop spurred criticism abroad, with Aso’s South ... (full story)