Financial Insights That Matter
Japan finance minister Kato:
- Will hold bilateral meetings with counterparts at G7 finance leaders’ meeting later this week
- Expect to discuss various topics, including FX, if I were to meet Bessent on sidelines of G7 gathering
- Will scrutinise impact of U.S. fiscal, monetary policy on Japan’s economy, when asked about Moody’s downgrade of US debt rating
- In previous bilateral meeting with Bessent, two sides confirmed FX rates should be set by markets and that excess volatility in FX market has adverse impact on economy
- Expect any talks with Bessent this week to be based on this understanding on FX
After its sharp rally USD/JPY just as quickly down again:
#1a73e8;">Boost Your Financial Knowledge and Achieve Stability
Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence.
#1a73e8;">Top Financial Tips for Saving and Investing
- Personal Finance Management: Master the art of budgeting, expense tracking, and building a strong financial foundation.
- Investment Opportunities: Stay updated on market trends, learn about stocks, and explore secure ways to grow your wealth.
- Expert Money-Saving Advice: Access proven techniques to reduce expenses and maximize your financial potential.