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U.S. Treasury Secretary Bessent Denies Raising Currency Policy Demands With Japan on May 12

2026-05-12 07:31:24

According to U.S. Treasury Secretary Bessent, on May 12 he did not raise any requests regarding monetary policy with Japanese Prime Minister Takayaki Koizumi. Both the U.S. and Japan agreed that excessive volatility in foreign exchange markets is undesirable.

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