Bessent Says Yen Will Find Its Own Level if Bank of Japan Follows 'Proper' Policy

Bessent Says Yen to Settle If BOJ Sticks With Right Policies

US Treasury Secretary Scott Bessent said the yen will settle at an appropriate level if the Bank of Japan continues to conduct the right monetary policy, Japanese media reported, citing a group interview.

Bessent says yen will find its own level if Bank of Japan follows 'proper' policy

WASHINGTON :U.S. Treasury Secretary Scott Bessent said on Wednesday the yen will find its own level if the Bank of Japan follows "proper monetary policy."Bessent made the remarks to reporters when asked whether the yen's recent level was reasonable or a bit too weak.In August, he said the BOJ would lik

Bessent says yen will find its own level if Bank of Japan follows ‘proper’ policy - Regional Media News

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said on Wednesday the yen will find its own level if the Bank of Japan follows “proper monetary policy.” Bessent made the remarks to reporters when asked whether the yen’s recent level was reasonable or a bit too weak. In August, he said the BOJ would likely be raising interest rates, as it was behind the curve in dealing with the risk of inflation. The BOJ exited a decade-long, massive…