EconomyBessent Yen Jawboning Risks Raising Expectations BOJ Can’t Meet

Scott Bessent’s public campaign to push up the yen is lifting expectations that the Bank of Japan will embark on monetary tightening on a scale unseen for more than a generation. Markets could be disrupted if policymakers fail to deliver.

Japanese yenBank of Japanmonetary policy

People in this report Scott Bessent

BBloomberg News★★★☆☆2026-09-09 22:00Original