S. Korea, US hold first 2+2 meeting of finance, monetary

What happened: South Korea and the United States held their first two-plus-two meeting of finance and monetary policymakers on the sidelines of a G20 ministerial gathering in Bangkok. Key numbers: First such meeting; held Friday; Lee's first overseas trip as finance minister since taking office last month. Why it matters: A finance ministry official said the meeting aimed to enhance the policy mix of the two countries' financial and monetary policies and established a framework to address external financial uncertainties through close coordination.

South Korea and the United States held their first two-plus-two meeting of finance and monetary policymakers on the sidelines of a G20 ministerial gathering in Bangkok.

A finance ministry official said the meeting aimed to enhance the policy mix of the two countries' financial and monetary policies and established a framework to address external financial uncertainties through close coordination.