US and Japan Officials Signal Shared Concern Over Weakness of Yen and Exchange Rate Volatility
U.S. officials and Japanese ministers met to discuss currency volatility as the yen hit an 18-month low. Both nations signaled a shared concern over policy.
Insights:
U.S. Treasury Secretary Scott Bessent scott bessentmet with Japanese Finance Minister Satsuki Katayama satsuki katayamaon Monday in Washington to discuss the formulation and communication of monetary policy. The meeting, announced by the U.S. Treasury Department on Wednesday, highlighted coordinated concern between the United States 
USand Japan 
JPregarding the recent depreciation of the yen.
USand Japan JPregarding the recent depreciation of the yen.
