EconomyBessent nudge strengthens case for a BOJ rate hike in September

U.S. Treasury Secretary Scott Bessent has publicly weighed in on Japan’s monetary policy. His views have nearly locked the Bank of Japan into raising interest rates at its September meeting. The intervention has also prompted questions about how much influence Washington may exert over Japan’s domestic policy. The focus is now on the central bank’s next decision.

Bank of Japaninterest ratesScott Bessentmonetary policy

RReuters★★★★☆2026-08-05 11:50Original