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Bessent Says BOJ Is Falling Behind the Curve, Expects Hike
They’re behind the curve,” Bessent told Bloomberg TV on Wednesday, noting that that was his opinion, and that he discussed inflation in Japan with BOJ Governor Kazuo Ueda. “So they’re going to be hiking and they need to get their inflation problem under control,
US Treasury Secretary Scott Bessent criticized the Bank of Japan’s cautious approach to raising interest rates, saying it was ...
Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a ...
The yen is rising for the third consecutive session, apparently boosted by calls from the US Treasury Secretary for the Bank ...
Yen traders eye BoJ policy shift amid tariff risks, inflation concerns, and key data, while Aussie dollar faces RBA rate ...
Pressure is mounting within the Bank of Japan to ditch a vaguely defined gauge of inflation as worries about second-round ...
Scott Bessent has said inflation in Japan has pushed up the yields on long-term US Treasuries, and that he expects the ...
The dollar fell to its weakest level against the Japanese yen in three weeks after U.S. Treasury Secretary Scott Bessent said he expected the Bank of Japan to raise interest rates to tackle inflation.
Bank of Japan policymakers debated the likelihood of resuming interest rate increases with one signaling the chance of a hike ...
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