US Treasury Secretary Supports Decisive Action to Correct Yen Weakness
Digital FinanceMacro
The US Treasury Department announced on the 1st that Treasury Secretary Bessent met with Bank of Japan Governor Kazuo Ueda and expressed strong support for Japan taking decisive measures in markets and monetary policy to address the significant undervaluation of the yen. This statement reflects the US stance on correcting the yen's exchange rate and could influence future currency markets and the Bank of Japan's policy management.
