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Bessent Urges BOJ to Hike Rates, Citing $1 Billion Yen Bet and End of Abenomics

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The Japan Times2d ago

U.S. Treasury Secretary Scott Bessent Urges BOJ to Hike Rates, Citing End of Abenomics

U.S. Treasury Secretary Bessent calls out Japan, saying the country should stop its "reflation policy". The US may demand review of expansionary fiscal policy and interest rate hikes : r/japannews

Bessent says yen moves 'pretty contained' and not disorderly | Reuters

Commentary: U.S. Treasury Secretary Bessent is piling pressure on BOJ Gov. Kazuo Ueda for a rate hike, noting that Japan has "probably reached the end of Abenomics."