A weak yen, which has pushed up import prices and broader inflation, has been blamed in part on the central bank’s slow pace of rate increases.

Treasury Secretary Bessent called recent yen declines "pretty well contained" weeks after a historic US-Japan intervention spent $96.4B defending

ASHEVILLE, North Carolina, Aug 31 : U.S. Treasury Secretary Scott Bessent told CNBC on Monday that he believes the Japanese government and the Bank of Japan will take action that…