Finance Minister Katayama said Japan would continue to carry out coordinated interventions with the United States without hesitation and indicated that the FIMA Repo Facility was expected to be used in the future. Vice Minister of Finance Mimura emphasized the ultimate form of the Japan-US currency alliance and argued for the significance of coordinated intervention.
According to this newspaper's column, Finance Minister Katayama Satsuki (片山さつき) indicated that Japan intended to continue coordinated interventions with the United States along its current trajectory. She also said that close communication with the US Treasury would be maintained and suggested that the FIMA Repo Facility could be used in the future.
Vice Minister of Finance Mimura Jun (三村淳) used the expression “the ultimate form of the Japan-US currency alliance” and emphasized the significance of coordinated intervention. Japanese interventions had previously been contingent on prior approval from the US Treasury, but the latest move suggests major changes, including the provision of means to secure funding.
Focusing on statements issued immediately after the coordinated intervention, the article points to the possibility that Japan and the United States are shifting their approach to coordinated intervention away from the previous framework. It reports on the remarks by the financial authorities and the future form of intervention tools, accompanied by photographs and source information.