Fiscal, Monetary Policies Not Targeting Forex: Japan-U.S. Statement

HEADLINES

Tokyo, Sept. 12 (Jiji Press)–Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent have released a joint statement reaffirming that fiscal and monetary policies will not target foreign exchange rates. Noting that the Japanese Finance Ministry and the U.S. Treasury Department agreed to continue close consultations on macroeconomic and foreign exchange issues, th…