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US Treasury Warns Yen Volatility Could Destabilize Global Markets
Treasury Secretary Scott Bessent cautioned that disorderly fluctuations in the Japanese yen pose significant risks to global financial stability. He noted that such currency instability could ultimately force the United States to maintain higher interest rates.
29 Aug, 09:32 — 29 Aug, 17:23
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mainichi-englishMostly Factual9h ago
Treasury Secretary Bessent warns unstable yen could lead to higher US interest rates
WASHINGTON (Kyodo) -- U.S. Treasury Secretary Scott Bessent on Friday disclosed a letter justifying last month's coordinated market intervention by th
Read full article →investing-com1h ago
US Treasury’s Bessent warns yen volatility risks spillover to global markets
By Investing.com
Read full article →Coverage Timeline
First report: mainichi-english · 29 Aug, 09:32|Full coverage: 4 · 8h|Window: 8h
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