Regarding the U.S. authorities’s debt ceiling, the so-called debt ceiling challenge, Bank of Japan Governor Ueda stated on the House of Representatives Committee on Finance and Financial Affairs held on the nineteenth that if U.S. authorities bonds defaulted, it will have a big impact on the world economic system. He additionally identified that the Bank of Japan will attempt to stabilize the monetary markets.
Source
Bank of Japan Governor Ueda “If US debt defaults, it’ll have a big impact on the world economic system” | NHK
