Japan’s Suzuki: Will continue to monitor, analyze impact of US rate cut on Japanese economy, financial markets

Market news

20 September 2024

Japan’s Suzuki: Will continue to monitor, analyze impact of US rate cut on Japanese economy, financial markets

Japan’s Finance Minister Shunichi Suzuki said on Friday that he “will continue to monitor and analyze the impact of the latest US rate cut on the Japanese economy and financial markets.”

“Federal Reserve Bank’s (FRB) view on the US economy is in line with the Japanese government's view that the US economy is likely to expand,” he added.

Market reaction

USD/JPY was last seen trading 0.13% lower on the day at 142.45, awaiting the Bank of Japan (BoJ) policy decision.

NZD/USD flat lines around 0.6235-6240 area, remains close to monthly top set on Thursday

Commodities. Daily history for Thursday, September 19, 2024

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