Japan's Finance Minister Katayama Satsuki said that Washington highly values Japan's economic policy; she avoided questions about whether the US helped Japan boost the yen due to concerns about the Tokyo financial market. A reporter asked Katayama whether Japan's monetary or fiscal policies may have contributed to the depreciation of the yen, which forced the US and Japan to coordinate intervention to support the yen. Katayama said that US Treasury Secretary Scott Bessent mentioned the term “Abenomics” in his statement. “My understanding is that the US side highly values Japan's strong economic measures, and I believe this was fully reflected in their statement.” Katayama declined to comment on the effectiveness of the intervention. “This is the first time in 28 years that Japan and the US have intervened to buy yen in a concerted manner.” She said, “Finance Minister Bezent and I issued our own statements at the same time, and I have nothing else to add to this.”

Japan's Finance Minister Katayama Satsuki said that Washington highly values Japan's economic policy; she avoided questions about whether the US helped Japan boost the yen due to concerns about the Tokyo financial market. A reporter asked Katayama whether Japan's monetary or fiscal policies may have contributed to the depreciation of the yen, which forced the US and Japan to coordinate intervention to support the yen. Katayama said that US Treasury Secretary Scott Bessent mentioned the term “Abenomics” in his statement. “My understanding is that the US side highly values Japan's strong economic measures, and I believe this was fully reflected in their statement.” Katayama declined to comment on the effectiveness of the intervention. “This is the first time in 28 years that Japan and the US have intervened to buy yen in a concerted manner.” She said, “Finance Minister Bezent and I issued our own statements at the same time, and I have nothing else to add to this.”