JUST IN 馃毃: Treasury Secretary told the Bank of Japan they need to raise rates
- JUST IN 馃毃: Treasury Secretary told the Bank of Japan they need to raise rates
Bessent was asked whether the BOJ should consider consecutive rate hikes to stem the yen's decline. He noted, "I'm not going to tell them what to do."馃ぁ
US Treasury actively begging BoJ to kill the carry trade so the dollar weakens
Japan was going to raise anyway ... he just front-ran the announcement ... What else could he do ?