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US Treasury Secretary Bessent says he emphasised the importance of sound formulation and communication of monetary policy to anchor inflation expectations in meeting with the BoJ Governor Ueda

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US Treasury Secretary Bessent emphasized sound policy communication to anchor inflation expectations in talks with BoJ Governor Ueda, noting stable yen conditions while backing interest rate normalisation.

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Expressed strong support for Japan's decisive market and monetary steps to address the substantial undervaluation of the Yen. Bessent said the role of Yen weakness in contributing to domestic inflationary pressures in Japan.

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