Reported about 18 hours ago
U.S. Treasury Secretary Scott Bessent emphasized the need for a 'sound monetary policy' in Japan during a meeting with Japanese Finance Minister Satsuki Katayama. This call comes amid concerns over the slow pace of interest rate hikes by the Bank of Japan (BOJ), which is facing pressure to tighten its policies as inflation remains above target levels. Although Katayama indicated that the conversation did not directly push the BOJ towards action, Bessent's remarks signal potential continued U.S. pressure for Japan to adjust its monetary stance.
Source: YAHOO