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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 ...
Pressure is mounting within the Bank of Japan to ditch a vaguely defined gauge of inflation as worries about second-round ...
The slowdown was attributed to lower energy prices but inflation on goods items remained strong, said Junya Takemoto, senior ...
The yen is rising for the third consecutive session, apparently boosted by calls from the US Treasury Secretary for the Bank ...
As speculation mounts that the Bank of Japan will raise interest rates later this year, there’s a growing risk that required ...
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.
The Bank of Japan's summary from its July meeting reveals that policymakers are becoming more open to raising interest rates, ...
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