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Japan's Finance Minister Katayama Satsuki said that since coordinating foreign exchange intervention with the US, the same sense of urgency has been maintained, adding that this practice is in line with Prime Minister Takaichi Sanae's considerations. After meeting with Takaichi and reporting to her on the international conference held in North Carolina, Katayama told the reporter that his G7 and G20 colleagues gave a very positive response to Japan's growth and fiscal policies. During his visit to Tokyo in May, US Treasury Secretary Scott Bessent did not question her. When asked about Beisent's remarks that Japan should abandon its inflation and re-inflation policy, Katayama said that it is widely recognized that the stability of the financial market, including the exchange rate of the US dollar against the yen, is not only for Japan It's critical, and it's just as important to the global economy.
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Japan's Finance Minister Katayama Satsuki said that since coordinating foreign exchange intervention with the US, the same sense of urgency has been maintained, adding that this practice is in line with Prime Minister Takaichi Sanae's considerations. After meeting with Takaichi and reporting to her on the international conference held in North Carolina, Katayama told the reporter that his G7 and G20 colleagues gave a very positive response to Japan's growth and fiscal policies. During his visit to Tokyo in May, US Treasury Secretary Scott Bessent did not question her. When asked about Beisent's remarks that Japan should abandon its inflation and re-inflation policy, Katayama said that it is widely recognized that the stability of the financial market, including the exchange rate of the US dollar against the yen, is not only for Japan It's critical, and it's just as important to the global economy.
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