Japan FinMin Suzuki: Speculative, Excessive FX Moves Can't Be Tolerated

Japan FinMin Suzuki:
- Watching FX Moves With High Sense of Urgency
- Will Take Appropriate Measures Against Excessive Moves

— *seven (@sevenloI) October 25, 2022

Japan FinMin Suzuki:
- Have to Level Moves When There’s Too Much Volatility
- Energy Price Increase, Yen Weakness Behind Inflation
- Yen’s Impact on Inflation Has Been Rising
- Monetary Policy Up to BoJ to Decide

— *seven (@sevenloI) October 25, 2022

Japan FinMin Suzuki:
- Weak Yen Accounts for Half of Recent Price Hikes in Japan
- Intervention Is for Responding to Excessive Moves
- Monetary Policy, Intervention Have Different Goals
- BoJ, MoF Policies Are Not Contradictory
- BoJ Is Conducting Its Policy Amid Fragile Recovery

— *seven (@sevenloI) October 25, 2022