
Japan Recalibrates Messaging to Reassure Markets on Reflation Stance
Finance Minister Satsuki Katayama said US Treasury Secretary Scott Bessent questioned Tokyo’s communication with investors, prompting a review in late August.
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Finance Minister Satsuki Katayama said US Treasury Secretary Scott Bessent questioned Tokyo’s communication with investors, prompting a review in late August.

The US Dollar Index pushed past 100 as Asian currencies slid following monetary tightening in Washington.

Economists forecast Japanese benchmark borrowing costs will reach 1.75 percent by mid-2027 as joint currency intervention eases political hurdles for monetary tightening.

Japan spent a record $96.4 billion over the past month defending the yen ahead of the Bank of Japan’s policy decision on September 18.
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