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Japan finance minister Suzuki verbal intervention. • Important for currencies to move in stable manner reflecting fundamentals. • Rapid fx moves undesirable. • Speculative move seen behind forex moves. • Closely watching fx moves with a high sense of urgency. • Won't rule out any steps to respond to disorderly fx moves. • Watching speed of forex moves, not ...
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This is the fourth time I have had the pleasure of being invited to speak at Dauphine University and I would like to thank Elyès Jouini. But this is the first time that I will speak after Jean-David Levitte and his remarkable talk on current geopolitical conflicts. This order already highlights the essential: we the central bankers are “only” in charge of ...