Bessent Ramps Up Pressure on BOJ to Raise Interest Rates Further
US Treasury Secretary Scott Bessent ramped up pressure on Japan to take its next steps on policy amid renewed weakness in the yen and rising bond yields, with speculation simmering over the likelihood of a central bank rate hike in September.
<p>US Treasury Secretary Scott Bessent ramped up pressure on Japan to take its next steps on policy amid renewed weakness in the yen and rising bond yields, with speculation simmering over the likelihood of a central bank rate hike in September.</p>