US Treasury Secretary Scott Bessent (ベセント) stressed at a meeting with Bank of Japan Governor Ueda Kazuo (植田 和男) that properly formulating and communicating monetary policy is important to avoid excessive exchange-rate volatility. The content of the meeting is reportedly likely to affect trends in US and Japanese markets.
It has emerged that US Treasury Secretary Scott Bessent (ベセント) met with Bank of Japan Governor Ueda Kazuo (植田 和男) and expressed the view that properly formulating and communicating monetary policy is important to avoid excessive exchange-rate volatility.
The remarks are understood to be intended to enhance accountability and transparency in the monetary policies of both countries and to promote stability in the foreign-exchange market.