U.S. Treasury Secretary Scott Bessent says the weak Japanese yen is contributing to Japan’s inflation problem and increasing the risk that other Asian currencies could depreciate more broadly. Speaking on the issue, he links yen weakness to price pressures in Japan, arguing that the currency’s decline plays a role in sustaining inflation. Bessent also warns that the effects could extend beyond Japan, potentially undermining currency stability across the region. In remarks reported by Bloomberg and the Financial Post, he reiterates that the United States is supportive of efforts aimed at stabilizing currency conditions. The outlets present his comments as part of an ongoing policy focus on managing financial market volatility and its downstream effects on inflation and exchange rates. Overall, both sources agree that Bessent emphasizes the yen’s role in Japan’s inflation and highlights regional spillover risks tied to potential further currency depreciation.