Japan Chief Cabinet Secretary Kihara:
- No comment on Bessent’s X post
- Monetary policy falls under jurisdiction of BOJ
- Government will continue to closely coordinate with BoJ
- Expect BOJ to conduct monetary policy to appropriately achieve inflation target
Bessent earlier, his remarks boosted the JPY:
- Bessent says Japan government gives Bank of Japan policy space, avoid excess FX volatility
- Yen surging after comments from US Treasury Secretary Bessent
This article was written by Eamonn Sheridan at investinglive.com.