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Japanese Finance Minister Warns: Trump's Remarks Increase Market Volatility, May Take "Bold Action"
Japanese Finance Minister Katsuyuki Kato expressed deep concern over the recent sharp fluctuations in the financial markets on Friday, and explicitly pointed out that U.S. President Trump’s related remarks are a major factor triggering market turmoil. Katsuyuki Kato stated at a press conference, “Trump’s remarks have had a significant impact on global markets—including all asset classes.” Katsuyuki Kato specifically mentioned the crude oil futures market, indicating that authorities’ monitoring scope has extended beyond traditional foreign exchange markets and that they are closely watching broader financial market dynamics. In response to the potential impact of market volatility on people’s livelihoods and the real economy, Katsuyuki Kato reaffirmed the government’s firm stance. She said, “The government is prepared to take measures from all aspects.” (Xinhua Finance)