Bank of Japan Governor Ueda Kazuo (植田 和男) held a one-on-one meeting with U.S. Treasury Secretary Bessent and said they had productive discussions. At the G20 Finance Ministers and Central Bank Governors Meeting, they discussed the importance of appropriate communication among countries aimed at maintaining price stability, among other issues.
Bank of Japan Governor Ueda Kazuo (植田 和男), who attended the G20 Finance Ministers and Central Bank Governors Meeting held in the United States, held a one-on-one meeting with U.S. Treasury Secretary Bessent and said they had productive discussions.
Governor Ueda reflected that countries had exchanged views on the importance of appropriate communication to ensure price stability as the environment surrounding the global economy changes. He indicated that thorough discussions would be held each time, including at the next monetary policy meeting.
Finance Minister Katayama (片山) explained the Japan-U.S. coordinated intervention at the end of July and said it had been a good opportunity to gain understanding from other countries.
The G20 joint statement could not be finalized due to China's opposition.