US Treasury Secretary Scott Bessent is scheduled to visit Japan for three days starting Monday, where he is expected to meet senior officials, including Prime Minister Sanae Takaichi, Finance Minister Satsuki Katayama and Bank of Japan governor Kazuo Ueda, according to local media and sources cited by outlets. In Tokyo, Katayama says her team is coordinating closely with Bessent on foreign exchange policy after the two met. Separate reporting also indicates the talks will cover efforts to curb speculative yen selling. Other topics highlighted by at least one outlet include economic security matters such as rare earth procurement and energy purchasing, as well as discussion of the war in Iran. The meetings are expected to take place individually with the prime minister, finance minister and BOJ governor before Bessent travels onward to China, the outlets report. The reports present the visit as focused on currency policy coordination and broader economic-security and international issues.
US Treasury Secretary Scott Bessent to meet Japan’s leaders on FX and security
US Treasury Secretary Scott Bessent is scheduled to visit Japan for three days starting Monday, where he is expected to meet senior officials, including Prime Minister Sanae Takaichi, Finance Minister...
- Scott Bessent visits Japan for about three days starting Monday.
- He is expected to meet Prime Minister Sanae Takaichi, Finance Minister Satsuki Katayama, and BOJ Governor Kazuo Ueda.
- Katayama says her team coordinates closely with Bessent on foreign exchange policy after they met in Tokyo.
- Talks are expected to include discussion of curbing speculative yen selling.
- Reports also cite economic security topics such as rare earths and energy procurement, and the war in Iran.
Japan's Finance Minister Satsuki Katayama confirmed that her team is coordinating closely with US Treasury Secretary Scott Bessent on currency policy. Bloomberg's Brian Fowler breaks down the latest developments. (Source: Bloomberg)
3 months agoJapan’s Finance Minister Satsuki Katayama said her team is working well with US Treasury Secretary Scott Bessent in the area of foreign exchange policy, after the two met in Tokyo.
3 months agoUS treasury secretary Scott Bessent is expected to discuss curbing speculative yen selling, economic security issues including rare earths and energy procurement, and the war in Iran.
3 months agoBessent will speak individually with Prime Minister Sanae Takaichi, Finance Minister Satsuki Katayama and BOJ Gov. Kazuo Ueda during his three-day visit, sources have said.
3 months agoUS Treasury Secretary Scott Bessent will spend three days in Japan starting Monday and is expected to meet senior officials including Prime Minister Sanae Takaichi before traveling to China, according to local media reports.
3 months ago
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