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Bessent Says BOJ Is Falling Behind the Curve, Expects Hike
They’re behind the curve,” Bessent told Bloomberg TV on Wednesday, noting that that was his opinion, and that he discussed inflation in Japan with BOJ Governor Kazuo Ueda. “So they’re going to be hiking and they need to get their inflation problem under control,
Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a ...
US Treasury Secretary Scott Bessent criticized the Bank of Japan’s cautious approach to raising interest rates, saying it was ...
The yen is rising for the third consecutive session, apparently boosted by calls from the US Treasury Secretary for the Bank ...
Japan's Finance Minister Katsunobu Kato said on Friday the government must closely watch the economic and price backdrop ...
The dollar fell to its weakest level against the Japanese yen in three weeks after U.S. Treasury Secretary Scott Bessent said he expected the Bank of Japan to raise interest rates to tackle inflation.
In a quarterly outlook report, the board revised up its core consumer inflation forecast for the current fiscal year to 2.7% from 2.2% projected three months ago. BOJ Governor Kazuo Ueda will hold a ...
Yen traders eye BoJ policy shift amid tariff risks, inflation concerns, and key data, while Aussie dollar faces RBA rate ...
Japan’s GDP beat adds weight to BoJ hike bets, but USD/JPY ’s fate still hinges on the U.S. economy, with retail sales and ...
Pressure is mounting within the Bank of Japan to ditch a vaguely defined gauge of inflation as worries about second-round ...
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