US Treasury’s Yellen Urges Sound Policy Amid Yen Concerns

by Michael Brown - Business Editor
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Washington – U.S. Treasury Secretary Janet Yellen recently met with Japanese Finance Minister Masato Kanda to discuss concerns over yen depreciation and the importance of stable exchange rates. The January 12th discussion underscored the need for coordinated monetary policy as the yen continues to face downward pressure, a situation with potential implications for global trade and investment. Yellen’s comments reflect ongoing U.S. scrutiny of currency practices amongst key economic partners.

写真はベセント米財務長官。2025年12月、ワシントンで撮影。REUTERS/Aaron Schwartz

WASHINGTON – U.S. Treasury Secretary Janet Yellen emphasized the importance of sound monetary policy and clear communication regarding those policies during a January 12th meeting with Japanese Finance Minister Masato Kanda, the Treasury Department stated on January 14th.

According to the statement, Yellen noted that excessive foreign exchange volatility is undesirable and underscored the need for sound monetary policy and its clear articulation. This comes as the yen has faced significant downward pressure in recent months.

Minister Kanda shared concerns about the recent, rapid depreciation of the yen following the meeting. Read more
Yellen has previously suggested that the Bank of Japan’s potential for further interest rate hikes could help address yen weakness. In October of last year, she urged the Japanese government to allow the Bank of Japan room to raise rates, potentially mitigating further yen depreciation. Read more

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