IJR News — today's news from every side

IJR News — today's news from every side

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Bessent downplays yen weakness, defers to Bank of Japan on rates — Aug 30, 2026US Treasury Secretary Scott Bessent said the yen moves are pretty well contained and not disorderly, signaling patience for BoJ Governor Kazuo Ueda to set policy pace and suggesting Japan may have reached the end of Abenomics under Prime Minister Sanae Takaichi. As the G20 gathering approaches, he also indicated robust talks with China and a shift toward letting Tokyo manage monetary policy, while avoiding fresh intervention and watching incoming data for further steps.