Yellen, Japan's Suzuki to discuss weak yen, more sanctions on Russia

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when she meets with Japanese Finance Minister Shunichi Suzuki on Tuesday , the Treasury Department said.

Dr Yellen's meeting will also focus on working with Japan and other trusted partners to build stronger and more resilient supply chains to help lower prices for consumers in the United States, where inflation is running at 40-year highs, it said.

"Currencies will be discussed as one of various issues," the official said speaking on condition of anonymity."There are various global problems. We'd like to make maximum use of today's meeting to deepen our coordination to resolve them," Mr Suzuki told reporters on Tuesday.I'm concerned," he said,"The government will watch the currency market even more closely while liaising with the Bank of Japan.

She cancelled a public speech at the Port of Yokohama out of deference to Mr Abe's death, but will still meet privately with Japanese business leaders to discuss how improved supply chain resiliency and greater use of"friend-shoring" can help ease inflationary pressures and address the bottlenecks.

 

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