Bessent meets BOJ Governor Ueda, urges sound policy to limit currency swings
Source Summary
U.S. Treasury official Bessent met with Bank of Japan Governor Ueda to discuss currency stability. Bessent called for sound monetary policy to avoid excessive currency volatility, according to a Treasury statement.
Why it matters
Currency volatility between major economies affects trade competitiveness and financial stability, making high-level policy coordination between the U.S. and Japan significant.
