March 03, 2025 at 11:44PM
Japan finance minister Kato
Japan is not pursuing a policy of devaluaing the yen
I have confirmed with US Treasury Secretary Bessent our basic stance on forex
I won’t comment on foreign leaders have to say
ICYMI over the past decade or so, Japanese authorities say super-loose monetary policy is in order to combat deflation and low inflation, the weak yen is just a side effect.
USD/JPY update:
This article was written by Eamonn Sheridan at www.forexlive.com.
Japan finance minister Kato says Japan is not devaluing the yen