Event Brief
Bessent urges Japan to raise rates and end stimulus
By The BriefBrief · Sources (2)
Filed: Sep 01, 2026 at 4:00 AM ET
Summary: U.S. Treasury Secretary Scott Bessent said the U.S. expects Japan to focus on interest-rate hikes and to stop what he called outdated ideas about big economic stimulus. The remarks were framed as part of efforts to shore up the yen.
WHO: Scott Bessent
WHAT: Scott Bessent called for interest rate hikes and an end to large economic stimulus ideas in Japan.
WHEN: Sep 01, 2026 at 12:45 AM ET
WHERE: Japan
WHY: Bessent urged Japan to adjust its economic approach as part of efforts to support the yen.
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