TOKYO: U.S. Treasury Secretary Scott Bessent said Japan is being late in handling monetary tightening during an interview with Bloomberg Television.
Bessent also said that U.S. Treasury yields are feeling the impact of overseas developments, including from Japan and Germany.
“There’s definitely leakage from — the Japanese have an inflation problem,“ Bessent said in the interview.
Bessent mentioned that he had spoken with Bank of Japan Governor Kazuo Ueda. “My opinion, not his — they’re behind the curve. So they’re going to be hiking,“ he added.
The U.S. Federal Reserve should lower the policy interest rate at least by 1.5%, Bessent also said, suggesting the central bank execute the rate cut by 50 basis points in September - REUTERS
Hence then, the article about bessent says japan behind the curve in monetary tightening in bloomberg interview was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Bessent says Japan 'behind the curve' in monetary tightening, in Bloomberg interview )
Also on site :
- Today's Famous Celebrity Birthdays for March 22, 2026: Reese Witherspoon, William Shatner
- Firefighters rush to Morrisons convenience store in Oswestry after report of fire
- Iranian Revolutionary Guard: 200 Killed and Wounded Among Zionist Enemy in 73rd Wave