Koichi Hamada weighs the merits of US Treasury Secretary Scott Bessent's call for monetary tightening as the yen sinks.
en English
Economics
Jul 9, 2026
Koichi Hamada
At the beginning of 2013, when "Abenomics" was rolled out in Japan, the yen was significantly overvalued, and looser monetary policy was badly needed. Today, the opposite is true, indicating that interest-rate hikes may well be the right prescription for Japan.
Bank of Japan may speed up rate hikes. Will it help or work against bitcoin?
Japan raises rates to a 30-year high but the yen keeps falling anyway
Macroscope | 3 reasons behind the Japanese yen’s persistent decline
Japan faces dilemma between saving yen and bond market stability
Macroscope | Investors have more to worry about than yen bears on the hunt
Japan considers policy wording change as BOJ independence fears roil bonds
Japan Interest Rates Surge on "Honebuto Shock"
TOKYO, June 22 : Japanese Finance Minister Katayama held an online meeting with U.S. Treasury Secretary Scott Bessent late Monday…
Japan was willing to step in to defend the yen around the 160 level before, and it's at that point again.
BOJ raises rates to a 31-year high, but the yen carry trade gains momentum as traders bet the currency will weaken further.
TOKYO, May 14 : The Bank of Japan should raise interest rates as soon as possible if there are no clear signs of an economic…
US Treasury chief touches on JGB yields, BOJ policy; bilateral chat follows yen intervention
The pivot back to a hawkish footing also follows a key meeting between Prime Minister Sanae Takaichi and BOJ Governor Kazuo Ueda…
