Latest / Asia - South China Morning Post
US Treasury’s Bessent calls on Japan to boost yen through rate increases
Japanese Finance Minister Satsuki Katayama said on Monday she met US Treasury Secretary Scott Bessent and agreed that orderly yen movement is critical for global market stability. The two countries also confirmed that continued, cooperative measures would contribute to this common goal, Katayama told reporters after attending the Group of 20 finance leaders’ gathering. She declined to comment when asked if recent yen moves were orderly. Katayama and Bessent discussed Japan’s financial...
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.