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2025-10-29 08:08:36

[U.S. Treasury Secretary: Japan's Finance Minister's Understanding of Abenomics Has Shifted to Balancing Growth and Inflation] U.S. Treasury Secretary Scott Bessant said on Wednesday that the Japanese government's willingness to give the central bank room to maneuver will be key to anchoring inflation expectations and avoiding excessive exchange rate volatility. Regarding his meeting with Japanese Finance Minister Katayama Satsuki on Monday, Bessant wrote: "I am encouraged by her profound shift in understanding of 'Abenomics' – from a simple inflation stimulus to a policy that must balance economic growth with inflation concerns for the Japanese people."

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