Bessent has praised Bank of Japan independence from the government:
His comments have sent the yen stronger.
Some will accuse Bessent of being a two-faced hypocrite given his government’s inference in the the US central bank, the Federal Reserve, pressuring for lower interest rates and trampling on the Bank’s independence. Yeah, some will say that, I couldn;lt possibly comment 😉
This article was written by Eamonn Sheridan at investinglive.com.
