Bessent Avoids Pressing Hard on BOJ Policy in Tokyo Visit (1)

US Treasury Secretary Scott Bessent refrained from weighing deeply into Bank of Japan monetary policy in talks, according to his Japanese counterpart Satsuki Katayama, despite having previously describe the BOJ as “behind the curve” on inflation.

Japan’s new Finance Minister Katayama told reporters that the two officials didn’t make the BOJ’s policy a main talking point at their first meeting in Tokyo. The two spoke for more than an hour, with Bessent noting that Japan’s stock market is welcoming Katayama as the Nikkei 225 stock index crested 50,000 for the first time Monday, she said.

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