The Japan Broadcasting Association quoted an interview with an American official. US Treasury Secretary Scott Bessent told Japan's Finance Minister Katayama Satsuki and Bank of Japan Governor Ueda Kazuo that Japan should raise interest rates next. The report said that Bezent met Katayama Satsuki and Ueda Kazuo on the sidelines of the G20 finance ministers and central bank governors meeting in North Carolina. The media previously reported Bezent's statement that he expected the Bank of Japan to “make the right choice” on monetary policy. The talks between the two sides took place after that statement, and also on the eve of the Bank of Japan's September 17-18 policy meeting. The market is increasingly expecting the Bank of Japan to further raise policy interest rates.

The Japan Broadcasting Association quoted an interview with an American official. US Treasury Secretary Scott Bessent told Japan's Finance Minister Katayama Satsuki and Bank of Japan Governor Ueda Kazuo that Japan should raise interest rates next. The report said that Bezent met Katayama Satsuki and Ueda Kazuo on the sidelines of the G20 finance ministers and central bank governors meeting in North Carolina. The media previously reported Bezent's statement that he expected the Bank of Japan to “make the right choice” on monetary policy. The talks between the two sides took place after that statement, and also on the eve of the Bank of Japan's September 17-18 policy meeting. The market is increasingly expecting the Bank of Japan to further raise policy interest rates.