US Treasury Secretary Bessent calls BoJ 'behind the curve' after first joint yen intervention since 2011, pushing for rate hikes at September

The impact of last week’s historic intervention to prop up the yen is already fading. That signals risks for Japan, the US and the rest of the world.

US Treasury Secretary Bessent calls BoJ 'behind the curve' after first joint yen intervention since 2011, pushing for rate hikes at September