South Korea, U.S. Hold First 2+2 Meeting of Finance Policymakers
South Korea and the U.S. convened their first 2+2 meeting of finance and monetary policymakers to enhance economic cooperation.
South Korea and the U.S. convened their first 2+2 meeting of finance and monetary policymakers to enhance economic cooperation.
On October 16, 2026, South Korea and the United States held their inaugural 2+2 meeting of finance and monetary policymakers in Bangkok, coinciding with the G20 ministerial gathering.
The meeting featured South Korean Finance Minister Lee Hyoung-il and Bank of Korea Governor Shin Hyun-song alongside U.S. Federal Reserve Chair Kevin Warsh and Deputy Treasury Secretary Francis Brooke. This significant dialogue aimed to strengthen coordination in response to external economic uncertainties.
Minister Lee emphasized the importance of this meeting, marking a milestone in collaboration between the two nations' financial authorities. An official from the South Korean finance ministry noted that the gathering was designed to enhance the policy mix between the two countries' financial and monetary strategies.
Additionally, Erin Browne, U.S. Treasury's Under Secretary for International Affairs, highlighted the discussions on further strengthening bilateral economic cooperation. This meeting reflects a commitment to addressing global economic challenges through collaborative efforts.
Where it matters
Related coverage
South Korean Won Advances to 2-Year High on Fed Chief's Outlook
S. Korea's Economy Maintains Solid Recovery on Exports
Seoul Stocks Rebound Over 2% on Eased Chip Concerns and Fed Optimism
CJ Group Joins JoongAng Ilbo Acquisition Race
CJ Group has entered the bidding process for JoongAng Ilbo, aiming to expand its media influence.