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Event Brief

Bessent says FX volatility is undesirable with Japan

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.

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