Bank of Japan Governor Ueda Kazuo (植田和男) met with U.S. Treasury Secretary Bessent (ベッセント) on the 1st, local time, in connection with the G20 Finance Ministers' Meeting. They are believed to have discussed future monetary policy.
Interviews with people familiar with the matter revealed that Bank of Japan Governor Ueda Kazuo (植田和男) met with U.S. Treasury Secretary Bessent (ベッセント) while visiting the United States. The meeting was intended to discuss future monetary policy and is believed to have taken place on the 1st, local time.
The meeting is said to have been arranged in connection with the G20 Finance Ministers and Central Bank Governors Meeting. The Bank of Japan and the U.S. Treasury may have exchanged views on yen movements and the direction of monetary policy. In a CNBC interview on 31 August, Treasury Secretary Bessent (ベッセント) said he believed the Japanese government and the Bank of Japan would take measures that would lead to a stronger yen.