Korea, US hold first 2+2 meeting of finance, monetary policymakers

The Korea Times - Oct 16, 2026

Korea and the United States held their first "two-plus-two" meeting of finance and monetary policymakers on the sidelines of a Group of 20 (G20) ministerial gathering to strengthen coordination in responding to external uncertainties, the finance ministry said Friday. Finance Minister Lee Hyoung-il and Bank of Korea (BOK) Gov. Shin Hyun-song met with U.S. Federal Reserve Chair Kevin Warsh and U.S. Deputy Treasury Secretary Francis Brooke in Bangkok, where the G20 finance ministers' meeting was taking place, according to the Ministry of Finance and Economy. The participants exchanged views on recent economic developments and ways to enhance bilateral economic and financial cooperation. Lee said the meeting was meaningful as it marked the first time the two countries had brought together senior officials from both their respective finance and monetary authorities. U.S. Treasury Secretary Scott Bessent did not attend the Bangkok event. An official from the finance ministry said the meeting aimed to enhance coordination between the two countries' finance and monetary authorities. "The meeting

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