Comments by the Japanese and US finance authorities have drawn attention to how the Bank of Japan should address the yen's depreciation. US Treasury Secretary Bessent told Reuters that he expects the Bank of Japan to take “appropriate action.”
US Treasury Secretary Bessent commented on whether the Bank of Japan should consider successive interest-rate hikes as a measure to address the yen's depreciation, and said he expects Bank of Japan Governor Ueda Kazuo (植田和男) to take appropriate action.
The comments were reported in an interview with Reuters.
The article was compiled based on a report by Kyodo News, drawing attention to the Bank of Japan's future monetary policy stance.