Bessent urges Japan to show fiscal sustainability path, rate hike - NHK
UKPulse Money Desk
US Treasury Secretary Bessent has urged Japan to demonstrate a path to fiscal sustainability and a rate hike, according to NHK reports.
- Bessent urged Japan to show a path to fiscal sustainability.
- He also urged a rate hike, as reported by NHK.
US Treasury Secretary Bessent has called on Japan to outline a credible route to fiscal sustainability and to raise interest rates, according to a report by Japanese public broadcaster NHK.
The remarks, reported on Tuesday, underscore ongoing international attention on Japan's fiscal and monetary policy settings.