US Treasury’s Bessent says yen moves are “pretty well contained”
US Treasury Secretary nominee Bessent said yen moves are “pretty well contained.” He added Japan has probably reached the end of Abenomics and said the Takaichi government should allow it to run with less intervention.
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10:28:15 PM UTC
SquawkNews
Confident BoJ Governor Ueda Will Do The Right Thing On Monetary Policy With PM Takaichi's Backing - Will Not Advise BoJ On Consecutive Rate Hikes - Will Meet Ueda On Sidelines Of G20 Finance Gathering - Takaichi Government Should Allow Success Of Abenomics To Run With Less Economic Intervention
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