Japan finance minister Kato says detrimental impacts of extreme FX volatility

Japan finance minister Kato

• Planning to attend spring conferences of IMF, World Financial institution in Washington

• Foreign exchange charges ought to be decided by markets

• Extreme volatility would negatively have an effect on financial and monetary stability
• Have agreed with Bessent to intently talk on foreign exchange
• Carefully monitoring monetary markets as they’ve been unstable lately

Kato will get a bit of additional bang for buck from his feedback if he manages to conjure up some form of cooperation with Bessent.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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