“Japan should stop reflationary policy,” says US Treasury Secretary Bessent (ベッセント) after meeting BOJ governor; rate hike expectations?

The story

US Treasury Secretary Scott Bessent (ベッセント) disclosed on social media that he had met in person with Bank of Japan Governor Ueda Kazuo (植田和男).

According to the US Treasury Department, Bessent (ベッセント) told Ueda (植田和男), “I strongly support Japan taking decisive market and monetary policy measures to address the yen’s significant undervaluation.”

The article provides no specific timing or details regarding future developments related to the weak yen, and further reports are awaited.

At a glance

Meeting formatDisclosed that he had met in person with the Governor of the Bank of Japan

SummarySaid he supports Japan taking decisive measures to address the yen's undervaluation

PartnersThe fact that he met in person with Bank of Japan Governor Ueda Kazuo (植田和男)

Reference information. Every claim resolves to something the story actually named.

Where this came from

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The Asahi ShimbunNews

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