When U.S. Treasury Secretary Bensent (pictured left) met with Finance Minister Satsuki Katayama on the 27th, he emphasized the important role of “formulating sound monetary policy.” Photographed on October 27th in Tokyo (2025 Reuters/Evelyn Hockstein)
TOKYO (Reuters) – U.S. Treasury Secretary Bessent emphasized the important role of “developing sound monetary policy” during a meeting with Finance Minister Satsuki Katayama on the 27th. The US Treasury announced this on the 28th.
“During the meeting, Mr. Bessent emphasized that sound monetary policy development and communication play an important role in maintaining stable inflation expectations and preventing excessive exchange rate fluctuations,” the U.S. Treasury Department said in a statement. He also pointed out that this point is extremely important, as the situation has changed significantly in the 12 years since the introduction of Abenomics.
After his meeting with Bessent, Katayama told reporters that neither side mentioned Japan’s monetary policy directly during the meeting.
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