The U.S. Treasury secretary reportedly met with the Bank of Japan governor and indicated support for Japan's measures aimed at addressing yen weakness.
The U.S. Treasury Department reportedly said on the 1st that Treasury Secretary Bessent had met with Bank of Japan Governor Ueda Kazuo (植田 和男). The meeting reportedly included discussions on Japan's efforts to correct the yen's undervaluation.
The article notes that the meeting included discussions on efforts to stabilize inflation expectations, and reports the U.S. side's assessment of Japan's measures.
The specific measures discussed at the meeting and details of future policy could not be confirmed in the article, and further reports are awaited.