Japan's finance minister Katayama warned speculators she is prepared to act in FX markets if the yen weakens further after the dollar pushed the yen to monthly lows on hotter-than-expected US CPI. She said Tokyo's stance remains unchanged since the coordinated US-Japan intervention in July and that the US is aligned with Japan; if necessary, we will not hesitate to act.

2026-10-15

Japan's finance minister Katayama warned speculators she is prepared to act in FX markets if the yen weakens further after the dollar pushed the yen to monthly lows on hotter-than-expected US CPI. She said Tokyo's stance remains unchanged since the coordinated US-Japan intervention in July and that the US is aligned with Japan; if necessary, we will not hesitate to act.