G20 Finance Ministers and Central Bank Governors Meeting 2nd day: Debt issues of developing countries discussed. The G20 meeting is being held in Sao Paulo, Brazil, and Bank of Japan Governor Ueda and Finance Minister Kanda are in attendance from Japan.
Brazil, the host country, is scheduled to hold a press conference after the meeting, in which they will explain the outcomes of the meeting. The probability of achieving the 2% price stability target, which is a prerequisite for a major shift in monetary easing, is gradually increasing.