US Treasury Secretary Bessent's comments reinforce expectations for Bank of Japan September rate hike.

U.S. Treasury Secretary Scott Bessent's public statements on Japan's monetary policy have reportedly solidified expectations for a Bank of Japan (BOJ) interest rate hike at its September meeting. Bessent's remarks, following a joint currency intervention by Tokyo and Washington to support the yen, have also raised questions about the extent of Washington's influence on Japan's domestic policy.