Katayama warns of market volatility impact on rates
Finance Minister Satsuki Katayama told parliament that cross-market volatility is driving interest rates faster than expected. She urged a renewed response.
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Xurve View
Japanese Finance Minister Satsuki Katayama stated on Thursday that recent market turbulence has demonstrated how sharply interest rates can be influenced by volatility originating in other markets. Katayama informed parliament that the level of volatility observed since late February has been excessive and beyond normal parameters. Japan's finance chief noted that a primary takeaway from recent events is the speed at which these external pressures manifest domestically.
