PoliticsIMPORTANT
US Treasury Secretary Bessent spoke with Japanese Finance Minister Katayama about the desirability of a strong JPY. Communication must continue on FX.
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US Treasury Secretary Bessent and Japanese Finance Minister Katayama discussed the desirability of a strong yen reflecting economic fundamentals and agreed to maintain close communication on currency markets.
News detail
"Today, I had a productive call with Japanese Finance Minister Satsuki Katayama. Our conversation built on President Trump’s discussion with Prime Minister Sanae Takaichi earlier this week and reflected the strength of the U.S.–Japan partnership. We discussed the desirability of a strong yen that reflects Japan’s strong economic fundamentals, and the importance of staying in close communication on currency markets."
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