Japanese Finance Minister Katsunobu Kato said on Tuesday that “if have a chance, hope to have a meeting with US Treasury Secretary Scott Bessent to discuss forex.”
Additional quotes
- Making preparations to join G7 meetings in Banff.
- Possible to discuss the tariff deal if a meeting with Bessent is realised.
- Will closely monitor the US-China tariff deal.
- Won’t comment on forex levels.
- Will closely watch out markets developments caused by the US-China tariff deal.
Market reaction
At the press time, USD/JPY is losing 0.34% on the day, trading near 147.95.
Source: https://www.fxstreet.com/news/japans-kato-hope-to-have-a-meeting-with-us-treasury-sec-bessent-to-discuss-forex-202505130139