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Bessent says FX volatility is undesirable with Japan

Filed: May 12, 2026 at 7:00 AM ET
Summary: US Treasury Secretary Scott Bessent said excess FX volatility is undesirable, echoing Japan’s Satsuki Katayama.
WHO: Scott Bessent; Satsuki Katayama
WHAT: Bessent characterized excess foreign-exchange volatility as undesirable
WHEN: May 11, 2026 at 9:19 PM ET
WHERE: United States
WHY: Bessent echoed Japan’s view that excess FX volatility is undesirable.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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