28d ago

Bessent urges Bank of Japan to stabilize weak yen

Scott Bessent Kazuo Ueda Bank of Japan United States Japan

US Treasury Secretary Scott Bessent urged Bank of Japan Governor Kazuo Ueda on September 1 to take decisive monetary steps to combat the weak yen and excessive currency volatility. Bessent also pressed the BOJ to anchor inflation expectations through sound monetary policy.

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Bessent urges BOJ chief to combat weak yen with 'decisive' monetary steps - Reuters

rss:reuters-gnewsinternational28d ago kagi ↗

Bessent urges BOJ chief to combat weak yen with 'decisive' monetary steps Reuters

Bessent urges BOJ chief to combat weak yen with ‘decisive’ monetary steps

rss:japantimesinternational28d ago kagi ↗

U.S. Treasury Secretary Scott Bessent also urged central bank Gov. Kazuo Ueda to anchor inflation expectations and avoid excessive yen volatility through sound monetary policy.