How the BOJ's rate hike became tangled in a 'currency alliance' with the US

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Source: Nikkei Asia
Published: 2026-09-19 03:03 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Economy & Finance, Business & Economy, Asia Pacific
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Snippet:
U.S. Treasury Secretary Scott Bessent, left, expressed support for "decisive" action to shore up the yen while speaking with Bank of Japan Gov. Kazuo Ueda in August. (Source photos by Nikkei and Reuters)
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