Bessent Urges BOJ to Combat Weak Yen
US Treasury Secretary Scott Bessent urged Bank of Japan Governor Kazuo Ueda to take decisive monetary steps against a weak yen. The remarks strengthen expectations for a Japanese interest rate hike this month to address domestic inflationary pressures.
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United States Treasury Secretary Scott Bessent urged Japan to deploy decisive monetary steps to combat yen weakness. The push solidifies expectations for a rate hike this month.
