US Treasury Secretary Bessent said Japan should consider the results of its monetary easing and, against the backdrop of the prolonged yen depreciation, urged a shift away from the easing policy. Attention is expected to focus on future policy developments.
US Treasury Secretary Bessent reportedly said at a press conference that Japan should consider the results of the success of its reflation policy and urged a shift away from its easing policy. This was reported against the backdrop of the prolonged yen depreciation.
The matter was reported in a Kyodo News dispatch and covered in the context of remarks by the US Treasury Secretary supporting Japan’s market and monetary policy measures. Attention is expected to focus on specific policy decisions going forward.