Bank of Japan Governor Kazuo Ueda will meet on Wednesday with Finance Minister Satsuki Katayama and Economic Revitalisation Minister Minoru Kiuchi, the Ministry of Finance announced. Katayama is scheduled to brief reporters at around 6:30 p.m. (0930 GMT) following the discussions.
The meeting comes just a day after Ueda held talks with Prime Minister Sanae Takaichi, where the two reviewed economic conditions, monetary policy, and recent currency movements. Such back-to-back high-level consultations are unusual, underscoring the heightened concerns over Japan’s economic direction and the yen’s steep recent decline.
The ministry did not reveal the agenda, but the timing is notable: markets have been selling the yen on expectations that the new administration will announce a large fiscal package supported by continued low interest rates.
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Kyodo reported earlier that the stimulus package could exceed ¥20 trillion, funded by a supplementary budget of roughly ¥17 trillion — a scale that would add to existing fiscal worries and may further influence currency dynamics.
